USD/JPY: no any bearish pattern so far

USD/JPY: no any bearish pattern so far

2410usdjpyH4-1.png

We've got a bullish "Hammer", which has been formed at the local low. Considering confirmation of this pattern, the market is likely going to reach the nearest resistance level. In this case, the last local high could be broken soon.

2410usdjpyH1-1.png

There's a bullish "Tweezers", which has been formed at the local low. Also, there's no any bearish pattern so far. So, the pair is likely going to continue moving up during the day.

jpy

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