
What happened? Japanese shares fell on Monday…
2019-11-11 • Updated
The "Window" is acting as support, so we've got an "Engulfing" pattern. Therefore, the market is likely going to reach the nearest resistance area pretty soon.
There's a bearish "High Wave", which has been confirmed. So, the price is likely going to get support on the 55 Moving Average. If a pullback from this line happens, we could have just another bullish rally.
What happened? Japanese shares fell on Monday…
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!
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