USD/JPY: bullish "Tweezers"

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USD/JPY: bullish

The lower “Window” is acting as a support, so we’ve got a “Tweezers” pattern, but its confirmation isn’t enough. In this case, bulls are likely going to test the nearest support level, which could be a departure point for another bearish journey.

USD/JPY: bullish

There’s a bearish “Tweezers”, which has been confirmed enough. Under this circumstances, the pair is likely going to achieve the 55 Moving Average during the day. 

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