On May 20th the JPY broke down the lower trendline of an important Wedge Rising (see the "A" lines...) and during the whole last wek prices gone up just to do a pullback to this lower trendline that now became resistance, even forming a Spinning Top last friday May 28th, thus showing indecision in this important resistant level.
Therefore our strategies are:
* SHORT below 90.60, which will confirm all the patterns mentioned above and consequently the continuation of the current trend.
* LONG above 91.60, which will indicate a false breakout of this Wedge Rising. If that happen, prices might go for the top at 95.00
