The price of USDJPY in heading in the direction of 157.5221. Despite the recent breakout through 157.1570 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Supported by Upward sloping Moving Average
Target: 157.5221 Entry: 157.22 Stop: 156.7678
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