USD/JPY: pair approaching the upper 'Window'

USD/JPY: pair approaching the upper 'Window'

1207usdjpyH4.png

The pair is approaching the upper 'Window' (112.63). Also, there's no any reversal pattern so far, but if we have some, there'll be an opportunity to have a bearish correction towards the nearest support at 110.49.

1207usdjpyH1.png

The last 'Three Methods' patterns led to the current upward price movement. The main target is the closest resistance at 112.63. A pullback from this level could be a starting point for a downward correction.

jpy

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