The price of USD/JPY in heading in the direction of 152.2084. Despite the recent breakout through 151.3990 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
It’s time to make a decision on USD/JPY – its recent breach of 151.3990 could be a sign of a new trend to follow.
