OAKS

the key line is so closed to now

FX:USDJPY   U.S. Dollar/Japanese Yen
76 2 8
18 days ago, here posted a chart "TIME TO DECIDE FATE OF JAPANESE YEN             NOT FAR", never thought it could be so real like now....... actually weekly/ monthly chart maybe good for study but not a good idea for daily/weekly trading..but the situation of this pair now seem like a exception...
Fate, what do you mean? Intervention?
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OAKS PRO Westernflyboy
check the related ideas chart mate.i projected 2 scenarios there.
TIME TO DECIDE FATE OF JAPANESE YEN  NOT FAR
, in terms of long time (say next 2/3 months), i don't know price will hold or break... reverse is more reasonable to me for the current fundamentals; but if it break down, it is quite sure that it will change the fundamentals much globally (in aspect of monetary policies); in short term, a bounce of 300+ pips is quite possible IMO
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