SMP99

Yen - Long Term Trend

CME:J61!   None
The Yen is sitting near an important trend line going back to late 70's.

Could be near an important turning point. A break in the current downtrend similar to 90' and 98' could be the start of an extended rally in the yen.

FXY is the corresponding ETF to watch.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.