What happened? Japanese shares fell on Monday…
USD/JPY: There isn't any reversal pattern
2019-11-11 • Updated
The price is consolidating between two "Windows". Also, there's no any reversal pattern so far. Therefore, the pair is likely going to test the next support area.
There isn't any reversal pattern, cause all the last candles are bearish. So, the market is likely going to test nearest support area.
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
In a few days, primary Forex currencies will hear what their respective central banks think about the future - and we're about to trade it!
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
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