Horizontal line around 101.3 is a very important floor / ceiling. UDS/JPY has retested the level and looks ready to continue multi year rally. The current U/J rally seems to resemble the 1995 rally. We are currently at the circled area approximately.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.