Change of Currency

Good Morning Dynamic Traders,

I have decided to follow the Yen for the next couple of weeks. As always let’s get familiar with the recent events.
On the larger times price has generally been falling, which is also the same being sung from the day chart. In the day chart below you will see that price has oscillated couple of times, but for a couple months price did seem to be in a healthy downtrend, until price fell the RN.













So what do you think is happening now and could happen over the next couple of days? I would like to bring to your attention the MACD convergence.

Happy Trading

Richard Monnery