USDJPY may continue its growth on the back of the rise in the dollar index due to fundamental reasons. Technically, the currency pair is forming a bullish trend, it can be understood by the rising lows and highs. The target in our case could be 148.5
Reasons for further upside:
1) Trend breakdown 2) Yen is weaker than the dollar. The pair is rising following the DXY 3) Bullish trend is forming 4) Rising lows 5) Structure breakout