USD/JPY: "Window" acted as a strong resistance
There’s a “Harami” pattern at the local high, but its confirmation hasn’t formed yet. So, the market is likely going to test the nearest “Window” once again. If we see a pullback from it, there’ll be an opportunity to have another decline. As we see on the Daily chart, the 21 Moving Average acted as a support, so bears will probably try to reach the closest support line in the short term.
We’ve got a “High Wave” at the local high, which points to an opportunity to have a new low during the day. Also, there’s a “Two Crows” pattern, which has been strongly confirmed. In this case, it’s likely that the price is going to achieve the nearest support shortly.