Big movement possible on USD/JPY

Big movement possible on USD/JPY
USD/JPY has broken through a line of 148.4290 and suggests a possible movement to 146.2218 within the next 2 days. 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 9 days.

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