USD/CHF: market to test the lower 'Window'
There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...
USD/JPY: "Window" going to act as resistance
The last bullish “Harami” led to a new high. Therefore, the market is likely going to test the upper “Window” in the short term. If any bearish pattern arrives afterwards, there’ll be an opportunity to have a downward correction.
The lower “Window” has acted as a support, so we’ve got a “Three Methods” pattern. In this case, the market is likely going to continue moving up towards the upper “Window”.
Galya Svetlova
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