Yen Breakout !
Market has penetrated the resistance level of 121.50 and the consolidation pattern as well , and succeeded to confirm breaching the previously recorded top, which opens the way towards the continuation of the main bullish trend , waiting for surpassing 124.00 level initially, which will open the way towards extending the positive targets towards 125.10.
On the longer -term : still the bull wave in effect as long as market is trading higher than 115 levels , targeting 125/128 levels – buying in dip would be the most strategy used by the markets on that pairs on the long targeted investment choice.
The chart analysis provided for mid-term view
Daily Trend: UP
Weekly Trend: Up