USD/JPY: "Window" going to act as support
The price faced a resistance on the nearest “Window”, which led to the current downward correction. The last candles are bearish, so it’s likely to have a decline towards the 89 Moving Average. As we can see on the Daily chart, there’s a “Dark Cloud” pattern, which has been confirmed. So, the market is likely going to decline until any bullish pattern arrives.
The last “Shooting Star” brought bears into the market. Also, we’ve got a confirmed “Doji”, so the price is likely going to continue falling down in the direction of the lower “Window”. If we see a pullback from this level, there’ll be an option to have a local upward correction.