One last move for the dollar-yen?

posted by genuinelyFX at 05/18/2015 - 14:33 GMT

We see this beautiful fractal on the daily chart. Possible final break up could happen next.

©genuinelyFX_2015.05.18_usdjpy_daily
USDJPY daily data

 

On a monthly chart, we maintain a bullish trend. We could reach 1.24  in the next weeks.

©genuinelyFX_2015.05.18_usdjpy_monthly
USDJPY monthly data

 

 

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