10/06/2016 – Japanese Yen

December Japanese yen:

1. In yesterday’s (Wednesday, October 5) Williams edge live meeting it was noted that any important break of $97.30 in the December Japanese yen would indicate a tradable decline to $96.40/$30 into Thursday, October 6 (+/-1 day).

2. Subsequently, the December Japanese yen broke the $97.30 level and today (Thursday, October 6) completed the $96.40/$30 downside target (today’s session low, $96.24, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the December Japanese yen.

David Williams