Courtesy of Chris Kimble.
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I have enjoyed looking at charts for the past 35-years. I must say, this pattern hasn’t happened many times in the past few decades and the results should be impactful to portfolio Construction.
Continued US Dollar strength has brought its relationship with the Japanese Yen to a critical resistance point. And what happens from here on out will likely bear importance across the globe.
In short, I am watching the USD/JPY currency pair for either a breakout (continued strength in the US Dollar relative to the Yen) or a breakdown (weakness in the US Dollar to the Yen).
This post was originally shared at See It Markets.com, see rest of article by clicking HERE
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