USDJPY has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 6 days and suggests a possible target level to be around 149.8557 within the next 13 hours.
If you’re short USDJPY you should be aware that 149.1970 has just been breached – a level tested 3 time in the past
