USD/JPY: "Shooting Star" strengthened bears
There’re a support by the 21 Moving Average and a resistance by the upper “Window”. Therefore, the price is likely going to decline towards the 34 Moving Average. As we can see on the Daily chart, we’ve got a “Dark Cloud”, so bears will have a reason to reach the 34 Moving Average soon.
We’ve got a consolidation, which is taking place on the one-hour chart. Also, there’s a “Shooting Star”, which has been confirmed enough. So, the pair is likely going to test the nearest resistance once again.