USD/JPY: "Tweezers" and "Hammer" on the table

USD/JPY: "Tweezers" and "Hammer" on the table

2306usdjpyH4.png

The last "Tweezers" and "Hammer" are still on the table. However, the 55 Moving Average could act as support once again. If so, bulls are likely going to deliver a new local high.

2306usdjpyH1.png

We've got a bearish "Tweezers", which has been confirmed enough. Therefore, the pair is likely going to test the lower "Window". If we have a pullback from this level, there'll be an option to have another bullish rally.

jpy

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