Still inviting analysis from others, but kindly be more specific as to your caveats etc. -- a chart showing your points is preferred.
We are still only talking about the long-term view -- let's not mix this up with trading views.
See the 2 yellow ellipses in the chart -- the first is a definite triangle, the second is also a possible triangle but I'm not yet convinced.
Presented are my 2 counts.
Action between 121 and 100 will certainly give me the clue as to whether UsdJpy will break the heavy resistance @ 121 or take out ultimate support @ approx. 100.
Somewhere between now and the next few weeks there should be a revelation in this regard.
Until that time, no long-term funds are being placed.
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