Long-Term View Of The Japanese Yen

Above is a long-term chart of the Japanese Yen going back to 1992. What I find interesting about the current bull market is that it is identical to the bull market of 1998 - 2000. The 1998 bull market lasted 18 months and so far we are in the 18th month of the current bull market. In terms of price percentages the moves are also almost identical.

Sometimes the markets can be incredibly symmetrical and it will be interesting to see if the Yen will act in a similar fashion to what it has done in the past. Will I short the Yen here? No way! The reason for posting this chart is because over the years I've learned that markets can be very symmetrical and I'm curious to see if the Yen will sell off here. Only time will tell.