USD/JPY: flat under Moving Averages

USD/JPY: flat under Moving Averages

3101usdjpyH4 (1).png

The price is consolidating under the Moving Averages. There isn't any confirmed bullish pattern, so the pair is likely going to continue moving lower towards the next "Window".

3101usdjpyH1 (1).png

There's a "High Wave" pattern, so the price is likely going to test the nearest upper "Window". If a pullback from this level happens little later on, we could have another decline.

jpy

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