USD/JPY: bearish "Doji" pattern

USD/JPY: bearish "Doji" pattern

2601usdjpyH4 (1).png

There's a bearish "Doji" pattern at the last local high. In this case, the price is likely going to test the lower "Window" once again.

2601usdjpyH1 (1).png

The last "Doji" pattern has been confirmed, so the price is declining. It's likely to have a local bullish correction during the day. If a pullback from the 21 MA happens little later on, there'll be a moment to have another decline.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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