USDJPY 4 HOUR CHART – Key levels cited
As noted yesterday, key levels are at 147.20-149.37 and tests of both side at 147.34-140.12) have paused within this band.
Pivotal level is clearly 148, which will dictate the next directional move.
For those still looking at this as a retracement, here are the FIBO levels for 161.93-139.58