USD/JPY is moving towards a line of 149.1450 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USD/JPY continues in its current trajectory, we may see it move towards 149.1450 within the next 2 days.
USD/JPY likely to test 149.1450 in the near future. Where to next?
