USDJPY: RSI Above 50 plus 3:1 Gann fan being crossed
After a downward movement, making the 139.574 low, we got strong bullish candles and weak bearish candles.
Today price crossed 3:1 fan line, crossing above 143.643, the last support since early August.
Today's candle close above an inverted hammer creating a bullish engulfing pattern.
RSI is following the trend and breaking above 50-level.
Today price crossed 3:1 fan line, crossing above 143.643, the last support since early August.
Today's candle close above an inverted hammer creating a bullish engulfing pattern.
RSI is following the trend and breaking above 50-level.
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