USD/JPY: buyers broke the "Window"
We’ve got a “Harami” and an “Engulfing” at the local low. Also, there’s a new “Window”, but we haven’t got any reversal pattern, which makes possible an achievement of the 34 Moving Average in the short term. As we can see on the Daily chart, the last “Harami” has been confirmed, bulls will probably try to deliver an upward correction.
The price has been rising since a “Doji” arrived at the local low. Moreover, bulls have broken the “Window”, so there’s an open door for testing of the 144 Moving Average.