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ROYAL_OAK_INC
Apr 11, 2024 2:05 PM

Yen looks VERY STRONG 

U.S. Dollar/Japanese YenFXCM

Description

It has been some time since we checked the #Japanese #Yen vs US #Dollar.

Updated the chart a bit since last time.

Clear bottom forming inverse head & Shoulder pattern.
Broke and retested the 2002 highs.
Bounced off the Green Moving Avg, successful retest.

Japanese are selling foreign investments as their #interestrates have increased. We've spoken on that a few times.
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