Yen Progression to Fall February 2017

Yen created a false breakout to the upside and has been rejected this week. With AUDJPY creating new highs above Dec2016. Major Yen pairs now will be supported until sentiment changes. For now I am bullish Yen pairs with aim to challenge Dec2016 highs for Yen majors. Buying on dips is preferred strategy.

Long Yen majors. Short Yen on daily.