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A bullish Cup & Handle pattern in the U.S. Dollar/Yen, that took over a year to form, appears to BE influencing this currency pair. Of late the Dollar/Yen is breaking above another resistance level.
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CLICK ON CHART TO ENLARGE
A bullish Cup & Handle pattern in the U.S. Dollar/Yen, that took over a year to form, appears to BE influencing this currency pair. Of late the Dollar/Yen is breaking above another resistance level.
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wonder how long the USD/JPY will be 100% correlated to the SPX…Won’t last forever!