No respite in bear trend against the Yen

A long-term chart shows the dramatic fall of the greenback against the yen over the last three decades. The bear trend continues with breakout below ¥80 signaling further decline to around ¥60* over the next few years. Quantitative easing by the Fed would accelerate the process.

Japanese Yen JPY

* Target calculation: 80 – ( 100 – 80 ) = 60