What happened? Japanese shares fell on Monday…
USD/JPY: market to test upper 'Window'
2019-11-11 • Updated
There's a local 'Shooting Star' pattern, but the Moving Averages acted as support, so we've got a bullish 'Hammer', which hasn't been confirmed yet. In this case, the market is likely going to test the upper 'Window' (112.65) in the coming days. If a pullback from this level happens next, bears will probably try to achieve the closest support at 110.09.
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