USD/JPY: bears going to reach lower "Window"

USD/JPY: bears going to reach lower "Window"


There isn't any reversal pattern so far, which means we should keep an eye on the lower "Window" as an intraday target. If a pullback from this level happens, we could have an upward correction towards the Moving Averages.


We've got an "Inverted Hammer" and a "Tweezers" patterns, but both of them haven't been confirmed yet. So, there's an opportunity to have a local bullish correction and the following decline afterwards.



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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