USD/JPY: 'Harami' and 'Tweezers'

USD/JPY: 'Harami' and 'Tweezers'

2019-11-11 • Updated

2008usdjpyH4.png

There're bullish patterns such a 'Harami' and a 'Tweezers' both of them have been confirmed. So, the price is likely going to test the 34 Moving Average once again. A pullback from this line could lead to another bearish rally.

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We've got a bullish 'Engulfing', which has been confirmed by the last 'Three Methods'. So, we should keep an eye on the next important resistance at 110.64.

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