USD/JPY: no any reversal pattern so far

USD/JPY: no any reversal pattern so far

2019-11-11 • Updated

0311usdjpyH4 (1).png

The 34 Moving Average is acting as support, but there isn't any reversal pattern so far. So, the last high is likely going to be broken in the coming hours. If any bearish pattern arrives little later on, there'll be time for a bearish correction.

0311usdjpyH1 (1).png

The lower "Window" has acted as support once again. Meanwhile, there isn't any bearish pattern for now. In this case, the market is likely going to climb even higher in the coming hours.

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