USD/JPY has broken through a line of 130.5350. If this breakout holds true, we could see the price of USD/JPY heading towards 129.8700 within the next 7 hours. 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.
Breach of 130.5350 could mean a start of a bearish trend on USD/JPY
