USD/JPY: bulls going to reach "Window"
The last bearish “Engulfing” hasn’t been confirmed, so the price is still moving up. So, bulls are likely going to get a resistance on the nearest “Window”. As we can see on the Daily chart, there’s a “Shooting Star”, but it doesn’t have a confirmation. Therefore, if we see a pullback from the closest support line, there’ll be a chance to have a new high.
We’ve got a “Doji” on the 21 Moving Average, which has been confirmed, so the market is likely going to test the 34 Moving Average. If we have a pullback from this line, bulls will probably try to reach the upper “Window”.