There' a "V-Top" pattern, so the pair is likely going to test the closest support at 1.3996 - 1.3979. Meanwhile, if a pullback...
USD/JPY: "Engulfing" and "Doji"
There's a bearish "High Wave", which has been confirmed. So, the price is likely going to continue moving down towards the lower "Window", which could be a departure point for a bullish correction.
We've got bearish patterns such an "Engulfing" and a "Doji", which both have been confirmed. In this case, the pair is going to decline in the direction of the closest support level.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
The 144 Moving Average has acted as support, but there's a bearish "Engulfing' at the local high.