USD/JPY has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 5 days.

USD/JPY has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 110.0786 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.