USD/JPY has maintained its position above the rising trend line on the 4-hour chart, indicating that it remains in an uptrend from 144.43. The pair has continued its upward movement, reaching as high as 149.18.
As long as the price remains above the rising trend line, there is a possibility of the uptrend continuing, with the next target to consider around the 149.50 area.
On the downside, if the price breaks below the trend line support, it could lead to a retracement back to test 145.89. A breakdown below this level could suggest the completion of the entire uptrend from 137.23, with the next target located at the 144.43 support level.
Traders should closely monitor the price action, paying attention to the rising trend line, support and resistance levels mentioned, and potential breakout or reversal signals.