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Jsarm727

Bullish JPY Breakout?

FXCM Yen Index Basket (FX:JPYBASKET)  
Jsarm727  
FX:JPYBASKET   FXCM Yen Index Basket
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Here is a 4 hour chart of the Japanese Yen Index. Currently in a downtrend right now, but if it is able to breakout, then going long JPY is a good idea. However if it fails to breakout, then it would be a good idea to go long on other currencies other than the Yen.
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