USD/JPY: no any reversal pattern so far

USD/JPY: no any reversal pattern so far

1501usdjpyH4 (1).png

There's no any reversal pattern so far because all the last candles are bearish. In this case, the pair is likely going to test the lower "Window" in the short term.

1501usdjpyH1 (1).png

The last bearish "Three Methods" pattern pushed the price lower. Also, there's no any bullish model, so the market is going to continue declining in the coming hours.

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EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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