Continued Euro weakness and uncertainly may strengthen the Yen. Technical trendline break is a possibility if the pair close below for the week. Considering cloud analysis, its still very much bearish but it is at a level of support which may stall the move down. Will have to wait for price action to indicate otherwise to proceed with long sell of the pair. If...
1. Dovish Fed comments 2. Technical Analysis breakdown - has respected 0.618 level Fib entrancement - minor trendline break - safe haven move caused my ongoing uncertainties in the global market