What happened? Japanese shares fell on Monday…
USD/JPY: bearish 'Harami'
2019-11-11 • Updated
There're bearish patterns such a 'Shooting Star' and a 'Harami'. Meanwhile, if a pullback from the Moving Averages happens little later on, the price is likely going to reach the next resistance at 112.00.
We've got a 'Hammer', which has been formed on the 144 Moving Average. However, this pattern doesn't have strong confirmation, so the pair is likely going to reach the next support at 111.06.
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