DrDovetail

Can this Falling Wedge save the Japanese Yen?

FX_IDC:JPYUSD   Iene/Dólar EUA
The Yen has taken quite a beating this year, but upon analyzing its price action I noticed it is currently inside a falling wedge which usually breaks upwards most of the time, so perhaps this pattern can help rescue it from further demise. We will know soon enough as its nearing its apex. *not financial advice*
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