USD/JPY:  confirmed bullish 'Harami'

USD/JPY: confirmed bullish 'Harami'


There's a bullish 'Harami', which has been confirmed. However, if a pullback from the nearest resistance at 110.83 happens next, the price is likely going to reach the previously tested support at 110.27.


The pair is consolidating above the Moving Averages. It's likely that the market is going to test the next resistance at 110.83. This level could be a starting point for another decline towards the last low.



Latest news

AUD/JPY looks exposed

AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.

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