Technical analysis of NZD/CHF
USD/JPY: price going to test "Window"
There's a bearish "Engulfing" on the 21 Moving Average, so the price is likely going to test the last low and the nearest "Window". If a pullback from this level happens, there'll be time for a local upward correction.
The 89 Moving Average has acted as resistance, so we've got an "Engulfing" pattern, which has been confirmed. Also, there isn't any bullish pattern so far, which means the market is likely going to continue moving down during the day.
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...
Bearish Ichimoku Cloud with falling Senkou Span A and rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.