USD/JPY has broken through a line of 145.1530 and suggests a possible movement to 145.8425 within the next 22 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
Important price line breached by USD/JPY. This price has been tested numerous times before.
