USDJPY is moving towards a line of 151.3300 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 USDJPY continues in its current trajectory, we may see it move towards 151.3300 within the next 2 days.
USDJPY likely to test 151.3300 in the near future. Where to next?
