💸 YEN - 19th week of the basic cycle (25 weeks)

👉 The extreme occurred on April 29, the day after the forecast. It looks like the top of a basic cycle, such a tail is difficult to break through. I also do not rule out that this could be the top of the medium-term 4-year cycle.

☝️ Most likely, the 3rd bearish phase of the cycle will form in the remaining 6 weeks, since there is strong support at the current closing level of 151.8. Probable level of the bottom point of the base cycle 148. Preliminary forecast of the bottom point of the 4-year cycle 139.



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