Resistance: 79.30 moderate/79.54 strong/79.96 moderate
Support: 78.89 minor/78.64 minor
We have a low level bullish reversal, Bullish Harami in USDJPY charts. Market is generally bearish while the pattern is just under a moderate resistance at 79.30. Consider buys on on a close above 79.30 for a push to 79.54 break of which suggests a reversal for 79.96. Stops should be placed below the patterns low.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To Look At Prices