In rising channel and forming head and shoulders and significant divergence on MACD and RSI. Channel break would be very bearish for the Yen. If it keeps consolidating then looks more like cup and handle. See what happens.
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Technical analysis of the financial markets. This blog is my trading journal - it is more for me to flesh out my own thoughts on the market. I am primarily a technical analyst, though I incorporate a fundamental view on most trades. The goal is to stick to only my A+ best ideas, with risk-reward and discipline taking first priority.
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