USD/JPY: new "Window" formed
There’s a correction inside the main bearish trend. Also, we’ve got a new “Window” and a “Harami” at the local high. If this pattern confirms, there’ll be an opportunity to see a local decline towards the lower side of today’s “Window”. As we can see on the Daily chart, there’s a bullish “Harami”, so right after a local decline bulls are likely going to deliver an upward correction.
We’ve got an “Engulfing” at the local high, which has been confirmed enough. So, the price is likely going to close the last “Window” during the day.