USD/JPY: "Three Methods" patterns

USD/JPY: "Three Methods" patterns

0106usdjpyH4.png

There's a bullish "Hammer", which has been confirmed enough. So, the pair is likely going to test the 55 Moving Average once again. However, if a pullback from this line happens, there'll be a green light for another decline.

0106usdjpyH1.png

The last "Three Methods" patterns point to a possibility to have the market even higher. However, the price could test the nearest support firstly.

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