This long-term semi-log chart of the dollar against the yen puts the current rally into perspective. Expect resistance at ¥100. Breakout would signal reversal of the 40-year down-trend, while respect would indicate another test of ¥75.
One Reply to “Japanese Yen: How long will the rally last?”
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A 40 YEAR downtrend! Is that the longest downtrend you’re aware of?