Yen on the cusp of a major surge…
The Swiss Franc has already showed its hand to the upside. The yen is now about to do the same thing. If it sticks, this is broadly bullish for the metals and miners and commodities in general. Recall that the 200 week bollinger bands are the tightest they have been in at least 25 years for the yen.
Thanks Nautilus
This is a huge potential B/O…I agree
I havent been watching the Yen
Man, I only learned about Bollinger Bands in the last six months or so…slowly learning to keep them in mind when making buying decisions/watching for breakouts. Good spotting on the Yen – 25 year tightness projects some huge upcoming action.
It’s at least 25 years. I am too cheap to get a charting subscription and that is as far back as the free data goes. :]