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MrAndroid

Yen finally breaks

Japanese Yen / U.S. Dollar (FX_IDC:JPYUSD)  
MrAndroid  
FX_IDC:JPYUSD   Japanese Yen / U.S. Dollar
Chart Patterns Triangle
3
0
chartpattern triangle
The Yen has been in the post head and shoulders triangle pattern, just about holding at support for a few weeks now. This chart has at last shown a significant downside move.
I see a true crisis brewing for the Yen. The central bank of Japan may simply run out of ammunition.
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