Several Yen pairs have formed inside bars which may suggest a reversal of the trend. However, some are already on the decline like my previous trade analysis: EURJPY.
With the 200sma few pips ahead, another ascending trend line for the pair is on play. What's more wonderful is that the trend line and the 200sma are overlapping which may suggest that this pair will be jumping to the upside within this week. Does this mean that the US Dollar will be revived?