That is where we are going in the Dollar/Yen. That remains a correlation which broke out today. Nice IHS reversal. 61.8% Fib retracement coming of the last move down?

Oh, Wazcam are you becoming a Dollar Bull? Nope.

 

Whats going on then? The Dollar/Yen is merely in a counter-trend rally. From the top in June 15, we have a first wave down, then a bounce and what a bounce…second wave done at the 61.8% fib. Now we have again a first wave down (of the third wave) and now into a retracement of that. Once this is done, it will be soon…thats when the commodities will move. Gold etc will be looking for ICL’s in my opinion till then, once that is done well…I hope you are loaded up y’all.