USD/JPY has broken through a line of 106.4930. If this breakout holds true, we expect the price of USD/JPY to test 106.8205 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Breach of 106.4930 could mean a start of a bullish trend on USD/JPY
