What happened? Japanese shares fell on Monday…
USD/JPY: no any reversal pattern so far
2019-11-11 • Updated
The 21 Moving Average has acted as resistance, so there's a "Shooting Star" pattern. In this case, we should keep an eye on the lower "Window" as the next bearish target.
There's no any reversal pattern so far, cause all the last candles are bearish. Meanwhile, it's likely that bulls are going to test the 34 Moving Average. If a pullback from this line happens, there'll be a moment to have another decline.
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