USD/JPY: broken "Window"

USD/JPY: broken "Window"

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We've got a new local low, but there isn't any reversal pattern so far. So, bears are likely going to test the "Window's" lower side. If any bullish pattern arrives afterwards, there'll be an opportunity to have a bullish price movement towards the Moving Averages.

0908usdjpyH1-1.png

The nearest "Window" has been broken, so the pair is still declining. The last bearish patterns haven't been confirmed, so we could have the price even lower during the day.

jpy

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USD/JPY: dollar is corrected to Kijun-sen

Expanding  bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are returned to the support of Tenkan and Kijun and may go higher.

jpy
USD/JPY: dollar can’t breakout SSA’s resistance

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls can’t breaking out the resistance of upper border of the Cloud and the market may return to 113.00.

jpy

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