USD/JPY: broken "Window" and bearish candles

USD/JPY: broken "Window" and bearish candles


Bears have broken the "Window", so the price achieved the 144 Moving Average. Therefore, this broken "Window" is likely going to act as resistance in the coming hours. If we see a pullback from this level, bears will try to push the pair even lower.


There isn't any reversal pattern on the one-hour chart, so all last candles are bearish. In this case, the current decline is going to be continued until any bullish pattern arrives.



EUR/USD: bearish 'High Wave'

We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...



Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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