March Japanese yen:
1. In yesterday’s (Monday, March 7) Williams edge futures meeting it was noted that a daily close in the March Japanese yen above $87.60 would indicate a tradable advanced to $88.50 (or higher). The March Japanese yen closed at $88.15, indicating new long entry.
2. Subsequently, today’s (Tuesday, March 8) March Japanese yen advanced and completed the $88.50 (and higher) upside profit target (today’s session high, $88.96, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March Japanese yen.