From a technical perspective, the Japanese Yen touch the previous high July level of 139.140. Breaking this may lead to further decline to 135.488 zone. On the other hand, breakout resistance levels 141.000 - 141.500 indicate that Yen likely to continuing uptrend to 145.000 - 145.600 zone.
Kommentar:
We have seen that the Yen decline to the mentioned target zone (135.488) and further to 133.674 after breaking previous high July level of 139.140. However, breaking 133.674 will lead to further decline to 131.00 Zone. On the other hand, for uptrend the price need to stay above (137.700 - 138.500) zone.