Thursday, August 18, 2005

Inverted hammer formation in the EUR/JPY daily candle


Inverted Hammer formation in the daily chart of the EUR/JPY pair indicating a probability of short term bearish reversal. Prices are epected to go bullish tomorrow if broken the 135.45 range.

3 comments:

Anonymous said...

Interesting, let hope the best trading for everyone.

Thanks for sharing

Anonymous said...

Any idea what's causing the YEN to strengthen?

Anonymous said...

nikkei breaking 12000 and seasonal effect of august are the two reasons I've been hearing for the yen rally.