Experiences setback but remains bullish as hammer looms

Share: EUR/JPY faces a slight downturn but manages to stay above the crucial 163.00 level. The pair touched a three-day low at 162.15, yet a ‘hammer’ pattern in today’s trading indicates potential buyer intervention around the Tenkan-Sen level of 162.37. A move below 163.00 might lead to a further decline towards the day’s