NZD/USD remains directionless in the short-term
NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…
USD/JPY: bearish "Tower"
The 21 & 34 Moving Averages are acting as resistance, so there's a bearish "Harami" pattern, which has been confirmed enough. Therefore, the price is likely going to get support on the lower "Window" in the short term.
The price has been consolidating under the Moving Averages. Also, there's a bearish "Tower", which has been confirmed by the last "Three Methods" pattern. So, the market is likely going to continue declining during the day.
Galya Svetlova
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