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USD/JPY: "Tweezers" pushing price higher
2019-11-11 • Updated
There's a bullish "Tweezers" pattern, so the market is likely going to test the nearest resistance. If a pullback from this level happens, bears will have a green light to achieve the 55 Moving Average.
We've got a pullback from the nearest "Window", so there's an "Engulfing" pattern. In this case, the pair is likely going to continue rising until any reversal pattern forms.
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