The USD/JPY forecast is heavily reliant on the upcoming Payrolls report, as it could be the key factor in triggering a bullish breakout for bonds and potentially extending the yen’s rally. The outcome of the Payrolls report will play a crucial role in determining the direction of the USD/JPY pair in the near future. Traders and investors will be closely watching the report to gauge the strength of the US labor market and its impact on the Federal Reserve’s monetary policy decisions. A positive report could lead to a breakout in bond prices, which in turn could support a rally in the yen. This could potentially have a lasting impact on the USD/JPY pair. Stay tuned for the latest updates on this important economic indicator.