This chart on the Japanese Yen could signal a topping for the foreign currency. If it bangs of this mark and takes out the 106 low of a couple weeks ago there is a good chance it has seen it’s highs for some time. The global economic turmoil made the Yen the best performing currency of 2008. Because of this huge rally I think it is a big reason why this is the top and could underperform it’s peers in 2009.
