What happened? Japanese shares fell on Monday…
USD/JPY: pullback from the lower "Window"
2019-11-11 • Updated
There's a pullback from the lower "Window", but we've got a local bearish "Shooting Star", which has been confirmed. So, the market is likely going to test the lower "Window" once again in the short term.
We've got a "Doji" and a "High Wave" on the 55 Moving Average. Considering of confirmation of both patterns, the pair is likely going to continue moving down towards the last low until any bullish pattern arrives.
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
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