USD/JPY: bulls approaching to the "Window"
There’s a “Hammer” at the local low, which has been confirmed enough. Also, bulls has faced a resistance by the upper “Window”, so a local downward correction becomes possible. As we can see on the Daily chart, we’ve got a “High Wave” here, which led to an achievement of the 13 Moving Average. However, bulls are likely going to test the nearest “Window” in the short term.
We’ve got a “Three Methods” on the one-hour chart, which already delivered a new high. Considering that there isn’t any reversal bearish pattern, buyers are probably going to catch a resistance by the nearest “Window” shortly.