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USD/JPY: bearish 'Tweezers'
2019-11-11 • Updated
There's a bearish 'Tweezers', so the price is declining. However, if a pullback from the Moving Averages forms afterwards, bulls are likely going to test the upper 'Window'.
The 55 Moving Average has acted as support, so we've got a bearish 'Shooting Star' pattern. Therefore, the pair is likely going to continue declining in the coming hours.
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