USD/JPY is heading towards a line of 136.2560. If this movement continues, the price of USD/JPY could test 136.2560 within the next 13 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 136.2560. We expect either a breakout through this line, or a rebound.
