USD/JPY is heading towards 131.3050 and could reach this point within the next 4 days. 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 131.3050.
