The pair retreated last week and managed to close from the first support at 152.00. The uptrend wave is still ongoing towards 160.20, as long as the market remains above 150.70-90.
The Middle East conflict is currently defining global financial markets performance and USD/JPY has a dual safe haven dilemma to deal with.
USD/JPY Price Forecast: Not too far from revisiting monthly high of 157.30