USD/JPY: bullish

USD/JPY: bullish "High Wave"

2023-11-24 • Updated

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We’ve got a “High Wave” and a “Doji”, so the pair is likely going to test the nearest resistance. If a pullback from this level happens, bears are likely going to test the closest “Window” in the short term.

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There’s a bullish “Engulfing”, which has been confirmed enough. Considering that the last candles are bullish, the market is likely going to test the nearest resistance level, which could be a departure point for another decline.

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