Hey traders! USD/JPY is approaching a crucial support zone. If the price pulls back and holds at this level, we could see a strong rebound. However, if it breaks through the resistance above, we may see a bullish breakout toward our first target.
Here’s what I’m watching:
Support Zone: Keep an eye on this level for a potential bounce. Resistance Breakout: If we see a breakout above the resistance, thE TARGET WILL BE NUMBER 1 .