USDJPY - 150 Level of intervention to be broken!

By BallaJi
Updated
Borrow Yen buy Dollars!!!

:)

BOJ will do what they do

Probably beneficial to Japanese stocks as their companies are obviously big exporters think Honda , Toyota...

Beautiful Inverse Head and shoulders in progress

Big Charts ---> Big Patterns ---> Big moves
Trade active
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154.472
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Breakout & retest
oversold on the RSI

Central bank intervention to defend ones own currency is often doomed to fail
especially when using dollar reserves with which to do so
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meltdown in the Yen meltup in Nikkei
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Chart PatternsdollarmilkshakeDXYfxHead and ShouldersjapaneseyenTrend AnalysisUSDJPYDJ FXCM Index

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