USD/JPY: "Shooting Star" led to decline

USD/JPY: "Shooting Star" led to decline

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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.

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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.




EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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