Yen February 2017 for FX:USDJPY by skintheherd

yen USDJPY dollar NZDJPY EURJPY GBPJPY AUDJPY

yen usdjpy dollar nzdjpy eurjpy gbpjpy audjpy

Yen will likely be breaking out or breaking down early this month. The break upside from the purple line resistance will pave wave for Yen strength. Failure to do so means weakness and retest the blue line support.

Comment:

So a breakout to the upside happened. All it needs to do know is to sustain a pullback that does not reverse back below.

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