2022-04-21

If Yen Doesn't Reverse, But Gains on Yuan

USDJPY and EURUSD are due for a correction, but they also busted multi-decade trendlines. It looks like the USD is going higher. Now CNY looks like it's topping in USD, JPY and EUR. That points to potentially rapid depreciation later this year. Or right now if the yen and euro don't stabilize.

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