USD/JPY: lower "Window" acting as support

USD/JPY: lower "Window" acting as support

1512usdjpyH4 (1).png

There's a bearish "Three Methods" pattern, which has been confirmed. Also, we don't have any reversal pattern so far. In this case, the price is likely going to continue declining towards the next support area.

1512usdjpyH1 (1).png

The lower "Window" is acting as support. Moreover, there's a bullish "Hammer", which hasn't been confirmed yet. So, the pair is likely going to test the nearest Moving Average, which could be a departure point for another bearish price movement.




promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera