Trade_Guru1989

Seasonal Anaylsis of JPY

TVC:JXY   Japanese Yen Currency Index
As per my anaylsis JPY has been on oversold on RSI and now making a good reversal strong and bullish from last two months but on a month time frame Dec is the month of green candles and red candles on 15 year charts. Please there is an very strong Resistance on 80.42 if its did not break it then jpy chart lools ugly. Because it is also creating a Inverse Cup&handle if if if it complete the move JPY will go around 50-52 Range.

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