The previous setup and consolidation in the first half of this year looks similar to that seen throughout late 2012 and early 2013, notes CitiFX Technicals. "In both cases we saw a consolidation in the form of a double bottom within a triangle followed by an aggressive bullish breakout," Citi clarifies. Thus, Citi thinks that if there is indeed a snap election - it would likely be on December 14th or 21st, almost exactly 2 years after the last one on 16th December 2012 - we could see the next set of levels in higher USD/JPY. 2 Scenarios For USD/JPY assuming a similar to the 2013 rally... 1- "The rally from the low in ... (full story)