USD/JPY: "Engulfing" and "Doji"

USD/JPY: "Engulfing" and "Doji"


There's a bearish "High Wave", which has been confirmed. So, the price is likely going to continue moving down towards the lower "Window", which could be a departure point for a bullish correction.


We've got bearish patterns such an "Engulfing" and a "Doji", which both have been confirmed. In this case, the pair is going to decline in the direction of the closest support level.




Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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