USD/JPY has broken through a line of 146.3970. If this breakout holds true, we could see the price of USD/JPY heading towards 147.1340 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Breach of 146.3970 could mean a start of a bullish trend on USD/JPY
