What happened? Japanese shares fell on Monday…
USD/JPY: 'Shooting Star' pattern
2019-11-11 • Updated
There's a bearish 'Doji', so the market is likely going to test the lower 'Window'. A pullback from this level could be a starting point for an upward price movement towards the upper 'Window'.
The last 'Shooting Star' pattern points to an opportunity to have a downward correction. So, we should keep on track the 55 Moving Average as an intraday bearish target.
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