What happened? Japanese shares fell on Monday…
USD/JPY: "Shooting Star" led to decline
2019-11-11 • Updated
There's a bearish "Harami", which has been formed on the 21 Moving Average. So, the market is likely going to decline towards the nearest support area in the short term.
The last "Shooting Star" led to the current decline. Also, there's a pullback from the 89 Moving Average. Therefore, the price is likely going to decline in the coming hours.
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