USD/JPY is approaching 148.1210. We expect either a breakout through this line, or a rebound.

USD/JPY is on the approach
USD/JPY is heading towards a line of 148.1210. If this movement continues, the price of USD/JPY could test 148.1210 within the next 2 days. 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.

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