USD/JPY:

USD/JPY: "Window" acted as support for the second time

2019-11-11 • Updated

2606usdjpyH4.png

The 21 Moving Average has acted as support, so we've got a "Tweezers" and a "Hammer", which all have been confirmed. In this case, the pair is likely going to test the nearest resistance level. If any bearish pattern arrives later on, there'll be an option to have a bearish correction.

2606usdjpyH1.png

The lower "Window" has acted as support for the second time. Also, there isn't any bearish pattern so far, which means the pair is likely going to continue moving up.

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