The USD/JPY has made another large fundamental move. The rate has suddenly surged, breaking all the previously used pattern trend lines.
Although, our forecast had described a surge that would occur from the 110.80 level. If one would have used properly trailing stop losses, he should still be in a profitable position that caught the whole move.
In regards to the near term future, the pair is expected to reach for the 112.00 level, where it would test the psychological resistance of this round level.
