USD/JPY: bearish 'Engulfing'

USD/JPY: bearish 'Engulfing'

2903usdjpyH4 (1).png

There's an 'Evening Star', which has been confirmed. Therefore, the market is likely going to test the 34 Moving Average in the short term.

2903usdjpyH1 (1).png

We've got a bearish 'Engulfing', which has been formed on the upper 'Window'. In this case, we're likely going to have a downward correction in the coming hours.

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