USD/JPY: 144 MA acted as support

USD/JPY: 144 MA acted as support

1204usdjpyH4 (1).png

The 144 Moving Average acted as support, so there's a 'Hammer' pattern, which has been confirmed. In this case, the market is likely going to reach the upper 'Window' in the coming hours

1204usdjpyH1 (1).png

We've got a bullish 'Harami', so the price is rising. Also, all the Moving Averages have been broken. In this case, the pair is likely going to continue moving up towards the next resistance area.



EUR/USD: bullish 'High Wave'

We're likely going to have an upward correction in the short term. Even so, bears will probably try to deliver another decline little later on...



Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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