March Japanese yen:
1. In yesterday’s (Monday, February 29) Williams edge live meeting it was noted that the March Japanese yen (then trading at approximately $88.60) was expected to decline sharply and test $87.66 into Tuesday, March 1.
2. Subsequently, the March Japanese yen advanced to $89.17 before sharply reversing and completing the $87.66 downside target (today’s session low, $87.69, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March Japanese yen.