05/17/2017 – Japanese Yen

June Japanese yen:

1. In Mondays (May 15) Williams edge live meeting it was noted that a daily close above $87.95 in the June Japanese yen would be buying territory for an advance to $89.05. Although this indication was given out, it was not considered good enough for an actual trade.

2. Subsequently, the June Japanese yen advanced and today (Wednesday, May 17) completed the $89.05 upside target (today’s session high, $90.28, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the June Japanese yen.

David Williams