USD/JPY: local bullish "Harami"

USD/JPY: local bullish "Harami"

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There's a local bullish "Harami", which has been confirmed. In this case, the market is likely going to test the next resistance area in the short term.

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The 55 Moving Average has acted as support, so there's a bullish "Harami" pattern, which has confirmation. Therefore, the last high is likely going to be broken in the coming hours.




Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

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