The movement of USD/JPY towards 118.2330 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 5 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 118.2330 numerous times, USD/JPY is once again approaching this price point. Can we expect a bearish trend to follow?
