Last post we had on USD JPY was signaling a big hike towards 152 in 4 hour time format but price corrected it self again to 150 level. price action showing strong movement towards 152 level but since the great force behind the hike could not manage to bring 152 back to live it can revisit 149 level to regain bull energy as they say in market. bearish activity below 149 level will unclear things but a strong hike from support levels will keep things normal and the hike alive. for now we must closely monitor revisiting support level or a break of the 152 resistance and it will show us the next move. data from a general point of view points at a break of 152 level.
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