USD/JPY: bearish 'Harami'

USD/JPY: bearish 'Harami'

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There're bearish patterns such a 'Shooting Star' and a 'Harami'. Meanwhile, if a pullback from the Moving Averages happens little later on, the price is likely going to reach the next resistance at 112.00.

0609usdjpyH1.png

We've got a 'Hammer', which has been formed on the 144 Moving Average. However, this pattern doesn't have strong confirmation, so the pair is likely going to reach the next support at 111.06.

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