USD/JPY: bullish correction going to move on
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We’ve got an “Engulfing” and two “Tweezers”, which all have been confirmed. Also, there’s a “Shooting Star”, so the pair is likely going to form a local downward correction. At the same time, bulls will probably try to deliver a new local high afterwards.
We’ve got a local bearish “Harami”, which has been confirmed enough, so the current downward correction is likely going to be continued. Nevertheless, an opportunity to have a new high is still on the table.