The Bank of Japan (BoJ) and the Federal Reserve Bank announced monetary policy during the 9/21 session. The BoJ didn't do anything but tried to assure the market that it can still implement further easing policies. The Fed announced that it was holding interest rates, but the prospect of a rate hike later this year remains strong. Let's take a look at the USD/JPY(click to enlarge)Falling to support area- After the two central banks announced their monetary policy, the market eventually sold the USD/JPY.- This seems a bit counter-intuitive to me, because I think the central bank statements remind us that the FOMC is relatively more hawkish than the BoJ, with the policy direction diverging. To me, this should be bullish for USD/JPY - Perhaps, my bullish bias can simply be translated into anticipation of support.- The daily chart shows USD/JPY falling to 100.00. There is a a previous support area between 98.85 and 100. Bulls are against the grain:- USD/JPY is bearish in the medium-term. Therefore, we should limit any bullish outlook to the short-term.- Also, we have been seeing lower highs in the daily chart, therefore we might have to limit that bullish outlook to 102.00 for now. - A break above 104.00 will be needed to break the pattern of lower highs and initiate the bullish reversal scenario.