JoE

For now it is better to hold yen rather than yuan

FX_IDC:JPYCNY   JAPANESE YEN / CHINESE YUAN
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2
Until the end of 2016, cheaper Japanese yen against Chinese yuan( aka renminbi) is very unlikely despite it's now out of the previous ascending trend channel.
On the other hand, I found a wedge on RSI which indicates that the price would not drop any time soon.

It's my first time posting chart on tradingview.com, leave me a comment if you have questions. Thank you!
Comment: It will be invalid if the price goes back to that triangle.
Trade active: Unbelievable!!
Trade closed: target reached

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