Expected Movement of the Yen Index in the Short and Medium Term

The Yen Index is still moving in a strong uptrend.

The index is currently moving within an ascending price channel on the 4-hour timeframe.

With a clear weakness in the Yen against all currencies.

Currently, we may see some corrections for the Yen Index, reaching near

the demand areas below, which correspond to the lower boundary of the price channel.

A return to the upside is expected from the demand areas

defined on the chart, located at the 70.83 levels.

Expectations indicate a rise to targets of 71.10 and 71.50.

This indicates continued weakness in the Yen, as the index

movement differs from other indices, as an uptrend indicates weakness in the currency.