USD/JPY: confirmed bullish

USD/JPY: confirmed bullish "Harami"

2019-11-11 • Updated

1708usdjpyH4-1.png

We've got a "Tweezers" and a "Hanging Man", which both have been formed on the 89 Moving Average. Therefore, the pair is likely going to test the lower side of the nearest "Window" soon.

1708usdjpyH1-1.png

There's a bullish "Harami", which has been confirmed, so the price is likely going to test the upper "Window". If a pullback from this level happens afterwards, bears will have a green light to deliver another decline.

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