USD/JPY: bulls going to test "Window"
2/9/2017
The price is still consolidating on the four-hours chart. Also, there’s a “Tower” and an “Inverted Hammer” at the local low. So, the market is likely going to test the upper “Window” in the short term. If a pullback from this level happens, there’ll be a chance to have another decline.
The last “Doji” and “Tower” patterns led to the current upward price movement. Meanwhile, bulls are likely going to move on. So, we should keep an eye on the 89 Moving Average as a possible intraday target.
More:
https://fxbazooka.com/analytics/12415