Despite existence of a rising wedge pattern, the Dollar continued to actively appreciate against the Yen. However, it does not mean that the figure was broken, as it simply needs boundaries’ readjustment. Once this is done it appears that the breaking point matches with the weekly R1 located at the 113.57 level. From this perspective, the pair should pull back to the opposite side of an ascending channel near 113.30. However, a release of information on the American Final GDP might result in further strengthening of the buck. In that case, the pair would need to test an alleged resistance zone located around the 113.70 mark. Apart from that, it faces no notable barriers from northern side.
