USD/JPY: pair tested upper 'WIndow' once again

USD/JPY: pair tested upper 'WIndow' once again

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The pair tested the upper 'WIndow' once again, but there's no any reversal pattern so far, which means we could have the market a little bit higher in the coming hours. However, if a bearish model forms little later on, there'll be a green light for a downward correction.

1505usdjpyH1 (1).png

There's a 'Harami' pattern, which has been formed at the last local high. In this case, the market is likely going to reach the Moving Averages, which could be a departure point for another bullish price movement.




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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