December Japanese Yen:
1. On Wednesday, September 30 in our Williams edge live meeting it was noted that any breakout above $83.70 in the December Japanese yen would indicate a fast advance to $84.25.
2. Subsequently, the December Japanese Yen broke out above $83.70 and completed the advance to $84.25 (today’s session high, $84.34) completing the forecast/trade. This completion further confirms our technical work is applicable to the Japanese yen and will likely result in further trade indications in this active market.