What happened? Japanese shares fell on Monday…
USD/JPY: bullish "Doji"
2019-11-11 • Updated
The price reached the nearest resistance, but there isn't any reversal pattern so far. So, bulls are likely going to deliver a new local high. Nevertheless, there's an opportunity to have a downward correction in the short term.
There's a bullish "Doji", which has been formed at the local low. This pattern has confirmation, so we could have another upward price movement. If any bearish pattern arrives little later on, there'll be time for a downward correction.
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