USD/JPY is moving towards a line of 143.7210 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USD/JPY continues in its current trajectory, we may see it move towards 143.7210 within the next 16 hours.
Will USD/JPY break through the support level it tested before?
