USD/JPY: no any reversal pattern so far

USD/JPY: no any reversal pattern so far

2019-11-11 • Updated

0102usdjpyH4 (2).png

There's no any reversal pattern so far, which means the price is likely going to test the upper "Window" soon. If a pullback from this level, there'll be a moment to have a local decline.

0102usdjpyH1 (2).png

All the Moving Averages have been broken, so the price is rising. If any bearish pattern forms soon, bears will probably try to test the nearest support.

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