USD/JPY has broken through a resistance line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 146.9769 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
It’s time to make a decision on USD/JPY – its recent breach of 145.9840 could be a sign of a new trend to follow.
