USD/JPY Forecast. Japanese Candlesticks Analysis

jpy_2_newsUSDJPY, “US Dollar vs Japanese Yen”

USDJPY has formed an Inverted Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target could be the 157.50 mark.

However, the price could correct to 155.65 and maintain its upward trajectory after pulling back to the support level.

USDJPY

Origin: RoboForex

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