USD/JPY: 'High Wave' pushed price higher

USD/JPY: 'High Wave' pushed price higher

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The pair has been rising since the last 'High Wave' pattern was formed. The main intraday target is the upper 'Window', which is likely going to be a starting point for a downward correction.

0105usdjpyH1 (1).png

The last 'Harami' led to the current upward price movement. There's no any reversal pattern so far, which means the market is likely going to continue moving up during the day.



Latest news

GBP/CAD is insatiable

GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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