USD/JPY: "Tweezers" led to decline

USD/JPY: "Tweezers" led to decline


The price has been declining since a "Tweezers" formed under the Moving Averages. So, the pair is likely going to test lower "Window" in the short term. If a pullback from this level happens, we could have an upward correction.


There's still no any bullish pattern, but the price faced with support by the lower "Window". Therefore, we could have a local upward correction during the day, but bears will probably try to deliver a new local low afterwards.




EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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