USD/JPY has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 148.0576 may materialize within the next 4 days.
After testing resistance twice in the past, USD/JPY has finally broken through. Can we expect a bullish trend to follow?
