USD/JPY four-hour chart. The local corrective downward movement has reached its milestone. The price tested the level (8/8), which limits the price exit from the overbought area. Buyers kept the price above this mark. Against this background, we still consider the scenario with quotes growth as a priority. The local target is the level (+1/8). The upper boundary of the overbought area at 153.13 (+2/8) can be considered as a medium-term target.
Recommendations: Buy 150.00 TP 151.55