USD/JPY is heading towards a line of 114.8870. If this movement continues, the price of USD/JPY could test 114.8870 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
USD/JPY is approaching 114.8870. We expect either a breakout through this line, or a rebound.
