USD/JPY: "Shooting Star" led to decline

USD/JPY: "Shooting Star" led to decline

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The last "Shooting Star" led to the current decline. The main intraday target is the lower "Window". If a pullback from this level happens little later on, there'll be a moment for an upward correction.

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The price has been declining since a bearish "Harami" formed on the Moving Averages. There's no any reversal pattern so far, which means the market is likely going to continue moving down in the short term.



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