USD/JPY is heading towards a line of 133.9200. If this movement continues, the price of USD/JPY could test 133.9200 within the next 20 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
USD/JPY is approaching 133.9200. We expect either a breakout through this line, or a rebound.
