USD/JPY: 'Three Methods' led bullish rally
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The last 'Three Methods' pattern led to the current bullish rally. There's no any reversal pattern so far, which means the market could continue moving up. At the same time, a bearish correction is right around the corner.
There's an 'Inverted Hammer', so the price is rising. It's likely that the market is going to test the nearest resistance area, which could be a departure point for a downward correction.