ROMIK ALERT!!! TECHNICAL ANALYSIS SUGGESTS THAT CORRECTION ISN'T OVER, THE OPPOSITE IN FACT, THIS IS ABOUT TO ACCELERATE TO THE DOWNSIDE AFTER IT FALLS THROUGH 20MMA. AND HERE IS WHY I THINK SO:
I TRACK MACD HISTOGRAM, 1 BAR HISTOGRAM IS A HUGE SIGN OF EITHER WEAKNESS OR STRENGTH (DEPENDING ON IT'S POSITIONING). WE ALL KNOW THAT JAPANESE YEN IS A SAFETY CURRENCY, LOOK WHAT HAPPENED TO THE BRITISH POUND IN 2008, MY ANALYSIS SUGGESTS THE SAME IS JUST AROUND THE CORNER. LOOK AT THIS CHART