The yen has managed to "mix up the tracks" for the past ten days, when it was losing ground (the dollar was strengthening) on conflicting data from stock indices and the dollar index. But on Friday, everything was decided - the yen strengthened by 0.54% against the background of the collapse of the S&P 500 by 1.90% and the growth of gold by 1.77%. On the daily chart, the price went under the MACD indicator line, the Marlin Oscillator is attacking the border with the downward trend territory. At the same time, the price with the oscillator formed a divergence. The target of the decline is the embedded line of the price channel of the monthly timeframe in the area of 113.33.
On a four-hour scale, the price went down from the ascending channel with force, and also overcame the support of the MACD line. The Marlin Oscillator in the negative area. We are waiting for the price at the designated level of 113.33.
