What happened? Japanese shares fell on Monday…
USD/JPY: bullish "High Wave"
2019-11-11 • Updated
We’ve got a “High Wave” and a “Doji”, so the pair is likely going to test the nearest resistance. If a pullback from this level happens, bears are likely going to test the closest “Window” in the short term.
There’s a bullish “Engulfing”, which has been confirmed enough. Considering that the last candles are bullish, the market is likely going to test the nearest resistance level, which could be a departure point for another decline.
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