USDJPY probing multi year trend line.

The USDJPY multi year trend line spawns back from 2015 (not all pictured) which is the dotted line. With stocks at all time highs and still moving higher, the risk is building for a move past the 127% extension at the 110.24 level to target the 161% extension just shy of the 111.00 level. RSI is pointing higher and not overbought. Considering the fasle breakdown a couple weeks back below 108.00 the risk remains higher near term.

Steve Voulgaridis