I have posted my forecast for both USDCHF and USDJPY earlier this week. USDJPY has reached the supply zone and it has currently completed the 3rd wave of retracement. USDJPY is likely to fall anytime, or it may probably inch a little higher again just to cause more sellers to stop out. USDCHF has dropped as forecast and is currently ranging just above 1.00. There will be an opportunity to short and add position again as price retraces a little higher. For earlier and initial analysis, please refer to my previous post.