Hello the Yen

Morning Dynamic Traders

Welcome to the last day of March and I hope you all had a profitable month.

This week I have decided to follow the Yen. It’s been a while since I last spoke about the Yen, so let’s get up to speed on what has been happening.

In the daily below I have marked out where price stopped increasing (which also happens to be at the same place where I finished my last update on the Yen). If you look at price for the last month you will see that price has been using the value index as a resistance line, which has helped to stop the Yen from getting stronger.














The Yen is definitely on my watch list this week! And I will give a hint as to why!! There is a certain chart pattern that could forming, see if you can find it?

Happy Trading

Richard