What happened? Japanese shares fell on Monday…
USD/JPY: pair to test the upper 'Window'
2019-11-11 • Updated
There's a 'Three Methods' pattern, so the pair is likely going to test the upper 'Window' (109.94). A pullback from this level could be a departure point for a decline towards the Moving Averages.
We've got a bullish 'Hammer', so the market is likely going to continue moving up in the short term. However, we could have a local correction towards the 21 Moving Average (109.48).
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