USD/JPY has continued its upward movement from 144.43, reaching as high as 149.77.
As long as the price remains above the rising trend line on the 4-hour chart, there is a possibility of the upside move continuing, with the next target to consider around the 151.00 area.
On the downside, a breakdown below the trend line support could lead to a retracement back to test 145.89. Only a break below this level would suggest that the entire uptrend from 137.23 has completed, 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 and the mentioned support and resistance levels. These levels can provide insights into potential breakout or reversal signals.