USD/JPY is heading towards a price line of 108.7250 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
A final push expected on USD/JPY as it starts approaching a price line of 108.7250.
