JoE

For now it is better to hold yen rather than yuan

JoE Updated   
FX_IDC:JPYCNY   JAPANESE YEN / CHINESE YUAN
Until the end of 2016, cheaper Japanese yen against Chinese yuan(aka renminbi) is very unlikely despite it's now out of the previous ascending trend channel.
On the other hand, I found a wedge on RSI which indicates that the price would not drop any time soon.

It's my first time posting chart on tradingview.com, leave me a comment if you have questions. Thank you!
Comment:
It will be invalid if the price goes back to that triangle.
Trade active:
Unbelievable!!
Trade closed: target reached

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