FBS Markets Inc.

USD/JPY: bearish "Harami"

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There's a bearish "Harami", which has been formed on the upper "Window". So, the market is likely going to test the lower "Window" in the short term.

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The 89 Moving Average has acted as resistance once again, so there's a "Harami" pattern. Therefore, the market is likely going to continue moving down in the coming hours.

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