06/23/2016 – Japanese Yen

September Japanese:

1. In yesterday’s (Wednesday, June 22) Williams edge live meeting it was noted that the September Japanese yen (then trading at approximately $96.00) would be expected to decline to $94.60/$.50.

2. Subsequently, the September Japanese yen declined and today (Thursday, June 23) completed the $94.60/$.50 downside target (today’s session low, $94.57, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the September Japanese yen.

David Williams