|Down Trend 10 hours ago
||USDJPY is facing a selling pressure pushing it down as long as it remains below (108.45) any four hours close below (106.78) will open the way for the instrument to test the next support level. Any four hours bare close above (108.45) will change instrument`s direction. Traders should consider selling each rally with a stop loss at (108.45).
|Bullish Reversal Pattern 18 hours ago
||On USDJPY hourly chart there is a bullish reversal signal (Hammer). We recommend longing the pair with a stop loss below(Hammer)
|Reverse Expected 18 hours ago
||There is 56% probability that USDJPY will reverse soon. Traders should consider buying the instrument or taking profits on current short trades.