Big movement expected on USD/JPY

USD/JPY has broken through a line of 105.3210 and suggests a possible movement to 104.9802 within the next 10 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.