USDJPY Hammer Hourly Chart

USDJPY Hammer Hourly Chart Resistance: 98.84 moderate/99.36 strong/99.75 moderate Support: 98.46 minor/97.93 minor We have a low level bullish reversal, Hammer in USDJPY charts. Market is generally bearish while the pattern is just under a moderate resistance at 98.84. Consider buys on on a close above 98.84 for a push to 99.36 break of which suggests a reversal for 99.75. Stops should be placed below the patterns low.

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USDJPY Hammer Hourly Chart

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