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).




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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