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JPYCNY
 
     
 
     
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JPYCNY Forex Chart

 

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JoE JoE PRO JPYCNY, D,
JPYCNY: Yen going to 61.8% and 76.4% very likely.
49 0 1
JPYCNY, D
Yen going to 61.8% and 76.4% very likely.

Yen going to 61.8% and 76.4% very likely. See chart.

JoE JoE PRO JPYCNY, D,
JPYCNY: For now it is better to hold yen rather than yuan
70 0 2
JPYCNY, D
For now it is better to hold yen rather than yuan

Until the end of 2016, cheaper Japanese yen against Chinese yuan(aka renminbi) is very unlikely despite it's now out of the previous ascending trend channel. On the other hand, I found a wedge on RSI which indicates that the price would not drop any time soon. It's my first time posting chart on tradingview.com, leave me a comment if you have questions. Thank you!

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