Broad weakening of the Japanese Yen.
Against the other major currency pair and crosses the Japanese Yen are nearing a bearish breakout from triangular wedges on the the weekly charts. I am expecting new major bearish trends to start for the JPY against these counterparts.
Disclaimer
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.