USD/JPY: pair to test the upper 'Window'

USD/JPY: pair to test the upper 'Window'


There's a 'Three Methods' pattern, so the pair is likely going to test the upper 'Window' (109.94). A pullback from this level could be a departure point for a decline towards the Moving Averages.


We've got a bullish 'Hammer', so the market is likely going to continue moving up in the short term. However, we could have a local correction towards the 21 Moving Average (109.48).



Latest news

USD/CHF may rise a bit

USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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