USD/JPY has broken through a line of 131.4810 and suggests a possible movement to 132.4768 within the next 20 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.
Big movement possible on USD/JPY after a breach of 131.4810
