USD/JPY: the insuperable "Window"
The last “Window” is acting as a strong support as well as the 89 Moving Agerage line. The market is likely going to reach the nearest resistance in the short term. As we can see on the Daily chart, the last “Harami” hasn’t been confirmed yet. So, today’s candle is likely going to be bullish.
We’ve got three pullbacks on a row from the upper resistance line. The last one brought a “Shooting Star” pattern, so there was a decline afterwards. Therefore, the market is likely going to has a support on the “Window” once again.