USD/JPY: "Window" acting as support

USD/JPY: "Window" acting as support

0310usdjpyH4.png

The nearest "Window" is acting as support, which is likely going to be tested once again in the short term. If we have another pullback from the "Window", bulls will probably try to deliver a new local high.

0310usdjpyH1.png

We've got a bearish "Tower", which has been formed right below the upper "Window". So, the pair is likely going to test the 89 Moving Average during the day.

jpy

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