Invesco CurrencyShares Japanese Yen Trust Breaks Above 200-Day Moving Average – Bullish for FXY

In trading on Monday, shares of the Invesco CurrencyShares Japanese Yen Trust ETF (Symbol: FXY) crossed above their 200 day moving average of $58.28, changing hands as high as $58.72 per share. Invesco CurrencyShares Japanese Yen Trust shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of FXY shares, versus its 200 day moving average:

Looking at the chart above, FXY’s low point in its 52 week range is $55.9601 per share, with $63.2603 as the 52 week high point — that compares with a last trade of $58.51.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further FXY Research:

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