💸 DOLLAR-YEN, 18th week of the cycle
✋ I can’t get over the rise of the US dollar against the Japanese yen to a 34-year high. The medium-term dollar-yen cycle is about 4 years. 3.5 years have passed since the beginning of the current cycle; the top of a bullish cycle is often reached in the 4th year.
☝️ The basic cycle of the dollar-yen pair is 25 weeks. The 18th week of the base cycle begins, the cycle is quite mature and its peak is close. In the near future, there is a possibility of a correction in the dollar in this time range, reaching the base cycle bottom sometime in June.
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