USD/JPY: strong "Window"

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USD/JPY: strong

The last “Engulfing” pattern is still unconfirmed. So, the 89 Moving Average is likely going to act as a support. If a pullback from this line happens, bulls will probably try to test the upper “Window”.

USD/JPY: strong

There’s a strong support by the lower “Window”. However, we’ve got a “Tweezers” and an “Engulfing” patterns, which both are still on the table. Under this circumstances, bears are likely going to test the “Window” once again.

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