USD/JPY: bullish 'Hammer'

USD/JPY: bullish 'Hammer'

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We've got a bullish 'Hammer', which has been confirmed. Also, there's no any reversal pattern so far, which means the price is going to continue rising in the direction of the 144 Moving Average.

0304usdjpy1 (1).png

The last bullish 'Harami' led to the current upward price movement. Meanwhile, if a pullback from the nearest resistance happens little later on, there'll be an opportunity to have a local correction.



Latest news

GBP/CAD is insatiable

GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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