$USDJPY | Bullish Targets Defined

FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,

USDJPY             is offering bullish targets with the following expectations:

Dark Red = Very High Probability Target
Medium Red = High Probability Target
Light Red = Low Probability Target

The lighter the color, the higher the chance of a reversal.


Forecast remains in tact and in force.
Comment: Consider the adjusted targets defined in this chart.

Comment: UPDATE: 1st of 3 targets hit.

108.207 and 110.890 still remain high probability targets

2nd Target Hit
Comment: UPDATE: The 3rd target in the original forecast was hit. 110.890 still remains a possibility. Expect an interim decline for now.

Comment: UPDATE: All 3 Targets hit. Expect a high probability reversal from this level.

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