EUR/JPY broke key support level 131…
USD/JPY: "Window" remains open
There's a bearish "High Wave", which hasn't been confirmed yet. Also, we've got a new "Window". In this case, the market is likely going to continue moving up in the short term towards the nearest resistance level.
We've got a bearish "Engulfing" pattern, but the "Window" remains open. Therefore, the last high is likely going to be broken in the coming hours.
There isn't any reversal pattern so far. If the 21 MA acts as resistance, we're likely going to have just another decline...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are returned to the support of Tenkan and Kijun and may go higher.
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls can’t breaking out the resistance of upper border of the Cloud and the market may return to 113.00.