Dollar/Yen Minute Chart Shows Breakout Above 100 and 101

Banzai!! The dollar/yen moves up through 101 overnight to a high print at 101.70. Moving above 101.80 will likely lead to 102.20. The brown S/R lines show where the bread crumbs were left behind for future support tests.  Obviously the psychological 100 level kicked the robots into gear to the upside but note that the 100.50 level holds clout.  Price is currently at 101.55 contemplating a move back into the upward-sloping red channel. S/R is 101.70, 101.55, 101.25, 101.10, 100.85, 100.75, 100.50, 99.80, 99.40, 99.10 and 96.60. The S&P futures are moving up with the dollar/yen; weaker yen = higher dollar/yen = higher equities. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.