FX:USDJPY   U.S. Dollar/Japanese Yen
45 1 3
Going back to my prediction back in January. We have 3 symmetrical triangles here.

One at April 30th, the GDP Economic Report.
May 18th Triangle.
End of May Triangle.

I'm expecting a strong Bullish Trend .
GDP report is going to turn out good, jobs increase, housing sale increase, export stunted due to port crisis, but coming back strong with a fast recovery.
Japan Fitch A+ rating got down graded to A.

It may not be as a strong bullish jump of 125 as I was expecting due to the fact the west coast ports were shut down, but it looks like it will break upwards.
Shun-Jiru
2 years ago
Let's see if it'll break 121
Reply
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