According to Omkar Godbole, the USD/JPY pair is showing significant movements influenced by macroeconomic factors such as interest rate differentials and geopolitical tensions. Traders should monitor the recent breakout levels as they could indicate a potential bullish trend continuation. Godbole suggests that the Japanese Yen's weakness, coupled with the US Dollar's strength, may offer trading opportunities in the forex market. [Source: Twitter @godbole17]