USDJPY: Ooo...my Yen where o when thou shalt break???

Weekly chart of the JPY says it all with global markets implying an impending recession, will the JPY be the tradition safe haven trade or will the BoJ pull all stops to shore up the economy? Wedges traditionally have a 50:50 breakout probability on each direction... though it can also be a flag where it will be a continuation pattern... Either way, it is a post-ante decision which means it is best to sit in the sidelines till we get a clearer picture.