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STRONG POSITIVE CORELATION : DOLLAR VS USD/JPY

Long
U.S. Dollar / Japanese Yen (FOREXCOM:USDJPY)  
ifeanyichukwu_E  
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis
2
0
trendanalysis chartpattern fundamental
Suffice it to say that the Dollar Index and USD/JPY have a strong positive corelation with each other. Each of the pair made a low almost within the same time and then rallied simultaneously to the upside

With this projection, I reckon that the price of USD?JPY will reach it's recent top and that of Dollar would tackle towards 108 and above

Watch out for foreign currencies also, Dollar holds them all by the ba*ls
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