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Breach of 108.6150 could mean a start of a bullish trend on USD/JPY

USD/JPY has broken through a line of 108.6150. If this breakout holds true, we expect the price of USD/JPY to test 109.2929 within the next 6 days. 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.

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JPN225 is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

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