Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
USD/JPY: bullish 'Doji'
Information is not investment advice
There're bearish patterns such a 'Shooting Star' and a 'Harami', so the price is declining. At the same time, we've got a bullish 'Doji', which is likely going to be confirmed soon. This, we're going to have a local upward correction towards the nearest resistance at 111.26. The subsequent pullback from this level could be a starting point for a decline in the direction of the previously tested support at 109.37 be the lower 'Window'.
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