USD/JPY: bearish 'Shooting Star' and 'Harami'

USD/JPY: bearish 'Shooting Star' and 'Harami'

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There's a bearish 'High Wave', which has been formed at the last local high. So, the price is likely going to achieve the closest support at 111.90, which could be a departure point for another bullish rally.

1607usdjpyH1.png

We've got bearish patterns such a 'Shooting Star' and a 'Harami', which both have been confirmed. In this case, after a short break, the pair is likely going to test the nearest support at 111.90.

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