USD/JPY: market going to test 89 MA

USD/JPY: market going to test 89 MA

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There's a bullish "Doji", which has been confirmed enough. Also, we've got a bullish "Three Methods" pattern, so the market is likely going to test the 89 Moving Average soon.

1801usdjpyH1 (1).png

The last bullish "Harami" has confirmation, so there's an opportunity to have a new local high soon. Meanwhile, if a pullback from the nearest resistance area happens, there'll be a moment to have another decline.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

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.


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