
What happened? Japanese shares fell on Monday…
2019-11-11 • Updated
The price reached the 89 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to reach the next "Window", which could be a departure point for a downward correction.
The last bullish "Engulfing" pattern pushed the price even higher. Also, there isn't any reversal pattern, cause all the last candles are bullish. So, the market is likely going to continue moving up in the short term.
What happened? Japanese shares fell on Monday…
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
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