USD/JPY: 'Shooting Star' on the upper 'Window'

USD/JPY: 'Shooting Star' on the upper 'Window'


There's a 'Shooting Star', which has been formed on the upper 'Window'. So, it's lime for a downward correction. Meanwhile, if a pullback from the closest support happens next, bulls are likely going to test the 'Window' once again.


We've got a 'Shooting Star', which has been confirmed enough. In this case, the market is likely going to reach the nearest support at 110.57 within the next few hours. Also, the 34 Moving Average could act as support as well.



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