An outlook has been reported for USD/JPY to target 160 on 26 August, while the release of the US PCE deflator could determine the market trend.
The article presents the view that USD/JPY is targeting 160 by around 26 August. It also notes that the release of the US personal consumption expenditures (PCE) deflator could affect the direction of the market.
The article does not specify a concrete trading strategy or confirm future price movements, but suggests that the market could become more active depending on the PCE results.