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U.S. Dollar / Japanese Yen

USD v Yen bull market

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This chart of the long term price of USD versus Japanese Yen shows that recently we have a retest of support which roughly is the neckline of a very pronounced inverse head and shoulders pattern. This pattern has not been broken and remains intact despite recent dollar weakness.
MrAndroid
Head and Shoulders

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Head and Shoulders
MrAndroid

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.