Yen will likely be breaking out or breaking down early this month. The break upside from the purple line resistance will pave wave for Yen strength. Failure to do so means weakness and retest the blue line support.
Note
So a breakout to the upside happened. All it needs to do know is to sustain a pullback that does not reverse back below.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.