USD/JPY is heading towards 135.6470 and could reach this point within the next 17 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
A final push possible on USD/JPY as it starts approaching a price line of 135.6470.
