01/12/2017 – Japanese Yen

March Japanese yen:

1. In Tuesdays (January 10) Williams edge live meeting (and subsequent meetings) it was noted that any hourly or daily close above $87.00 in the March Japanese yen should be bought for a further advance to $88.00/$.10.

2. Subsequently, the March Japanese yen closed hourly above $87.00 (at $87.14) and quickly completed the forecast $88.00/.10 upside target (today’s session high, $88.08, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March Japanese yen.

David Williams