USD/YEN action today?...Equities are going higher

We'll see...take a look at this daily chart of the Greenback/Yen and judge for yourself (clicking on the chart gives you a clearer view):











We're most probably going to test the trendline again, but I think this is a significant breakout dating back to April. Assuming we don't all of a sudden get some sort of decoupling, this is bullish for equities.