What happened? Japanese shares fell on Monday…
USD/JPY: "Shooting Star" and "Harami"
2019-11-11 • Updated
The price is still declining. Moreover, there're a "Shooting Star" and a "Harami", which both have been confirmed. Therefore, bears are likely going to test the last low in the short term.
There isn't any bullish pattern so far, which means all last candles are bearish. In this case, the price is likely going to continue falling down until any reversal pattern forms.
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
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