USD/JPY: confirmed bullish "Hammer"

USD/JPY: confirmed bullish "Hammer"


The 89 Moving Average has acted as support, so we've got a "Hammer" and a "Tweezer" patterns. So, bulls are likely going to test the nearest "Window" in the short term.


The last bullish "Hammer" has been confirmed. However, there's a pullback from the Moving Averages, so we could have a local correction during the day. Nevertheless, bulls will probably try to deliver a new local high afterwards.




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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