USD/JPY has broken through a support line of a Pennant chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 150.5609 within the next 18 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Support line breached by USD/JPY. This price has been tested at least twice before.
