Are we on the verge of some serious Yen strength? I'm of the opinion that we have topped or are incredibly close to a top in Equities and many of the Yen pairs have reached key levels that i have been keeping an eye on and slowly building a long Yen position in. I was anticipating the YEN Futures dropping a little lower but this potential tweezer bottom on the daily at the 50% fib level together with the all the gaps at significantly lower levels on the Yen pairs gives further strength to this idea.
Good luck all, any thoughts or ideas are appreciated