USDJPY is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If USDJPY continues in its current trajectory, we could see it reach 146.7820 within the next 2 days.
Important support line being approached by USDJPY. This price has been tested numerous time in the last 10 days
