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RudiMarin

Yen index at support? Long favoured until broken.

Long
1/(EURJPY/132.392+USDJPY/110.83+GBPJPY/150.545+CADJPY/90.847+NZDJPY/80.785+AUDJPY/88.661+CNHJPY/16.909+NOKJPY/14.105+SEKJPY/13.854+MXNJPY/6.229)/10  
RudiMarin  
1/(EURJPY/132.392+USDJPY/110.83+GBPJPY/150.545+CADJPY/90.847+NZDJPY/80.785+AUDJPY/88.661+CNHJPY/16.909+NOKJPY/14.105+SEKJPY/13.854+MXNJPY/6.229)/10  
Trend Analysis Chart Patterns Wave Analysis yen jpy
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trendanalysis chartpattern waveanalysis yen jpy
My yen index bounced of support on Friday. It reached both the 50% retracement fib and the 61.8% extension of the first swing. Also it reached 2 trendlines, one ascending from the lows, the other forming the support line of a falling wedge.

The RRR lies on the long side against such support.
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