Weekly forecast Dollar Yen

It may be breaking out of the recent short trend but we'll need confirmation before opening any positions.

It may break north very soon - if not then look out for a short set up as it could still go back into the short channel.

Wait for the breakout and an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Commento:

As predicted price has broken out long

Commento:

Commento:

This could be turning into a deeper zigzag correction. We'll know better once it breaks out of the the "Flat" that it is currently forming