USDJPY has broken through a line of 151.8010 and suggests a possible movement to 152.2224 within the next 15 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
Supported by Upward sloping Moving Average
Target: 152.2224 Entry: 151.89 Stop: 151.7196
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