USD/JPY: new "Window"

USD/JPY: new "Window"


There's a new "Window", but we still don't have any reversal pattern. So, the price is likely going to continue falling down towards the lower "Window". If any bullish pattern arrives later on, there'll be an opportunity to have a bullish price movement.


The last pullbacks from the upper "Window" led to form a new local low. It's likely that the market is going to test the nearest support, which could be a departure point for an upward correction.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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