AUD/JPY: Risk keeps more cautious before NFP
Ichimoku Kinko Hyo AUD/JPY: The pair is trading below the cloud…
USD/JPY: 'Three Methods' pattern still in force
Information is not investment advice
We've got a bearish 'Engulfing', but this pattern remains unconfirmed. Previously, we had a 'Three Methods' pattern, which is still in force. However, if a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window' (109.41). The subsequent pullback from this level could lead to an upward price movement towards the next 'Window' (112.65).
Galya Svetlova
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