USD/JPY: bulls went through the

USD/JPY: bulls went through the "Window"

2019-11-11 • Updated

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The 55 Moving Average has acted as support once again, so there's a "Hammer" on this line. Considering confirmation of this pattern, the market is likely going to continue moving up towards the next "Window".

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Bulls went through the "Window" and there isn't any reversal pattern so far. However, we could have a local bearish correction during the day. Nevertheless, the price is likely going to climb even higher afterwards.

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