What happened? Japanese shares fell on Monday…
USD/JPY: confirmed 'High Wave'
2019-11-11 • Updated
There's a 'High Wave', which has been confirmed enough. So, the market is likely going to test the Moving Averages again. At the same time, these lines could be a departure point for another bearish rally.
The price has reached the 34 Moving Average, but there's still no any reversal pattern so far. Therefore, the market is likely going to test the next resistance at 110.85 in the short term.
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