
There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...
USD/JPY continues to fall inside the C-wave of the sharp intermediate ABC correction (2) from the start of November. The active C-wave earlier broke through the support area lying between the key support level 111.00 (which stopped the A-wave of the active ABC correction (2)) and the 50% Fibonacci correction of the previous upward impulse wave (1) from last September. USD/JPY is expected to fall further toward the next sell target at the next support level 108.30.
There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...
There's a 'Triple Top' pattern, which has been confirmed, so the price moved higher, but...
It's likely that the price is going to reach the upper 'Window' (1331.05) in the coming days...
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
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.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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