Technical reasons why JPY will create new highs

30 Eki

on the weekly you can see a clear double bottom with a break of the neckline, this indicates a change of character to the upside, there are no intermediate levels in-between so this tells me price will definitely get to the top, if you look on the daily you'll see October consolidated for 2 weeks, broke out last week Wednesday, retested on Thursday and the level held on Friday... higher time frames rule!