Agreed, this could be a top formation. Things always poise on the brink when approaching an all-time high or all-time low. The rewards from either direction taken could be sudden and significant. I will bend with the wind like a reed.
For what it's worth, on my fundamental thread I'm a seller of yen, to make a long term break through 120. Given the stability of SGDUSD given central bank management that would be consistent with a clean break through 91. I've not had time to properly write up why I think Yen weakens from here, will try to when I get a chance.
Price nicely up since my last post here 2 weeks back. I hope I'm not on my own on board this one - pair has been a top performer recently and Friday's close was new all-time high. High enough? Too high? More to come?