$USDJPY | Bullish Targets Defined

Updated
Hello Traders,

USDJPY is offering bullish targets with the following expectations:

Dark Red = Very High Probability Target
Medium Red = High Probability Target
Light Red = Low Probability Target

The lighter the color, the higher the chance of a reversal.

Best,
Chartistry
Note
snapshot

Forecast remains in tact and in force.
Note
Consider the adjusted targets defined in this chart.

snapshot
Note
UPDATE: 1st of 3 targets hit.

snapshot

108.207 and 110.890 still remain high probability targets
Note
snapshot

2nd Target Hit
Note
UPDATE: The 3rd target in the original forecast was hit. 110.890 still remains a possibility. Expect an interim decline for now.

snapshot

Best,
Chartistry
Note
UPDATE: All 3 Targets hit. Expect a high probability reversal from this level.

snapshot

Best,
Chartistry
dollardollaryenDXYjpyUSDUSDJPYDJ FXCM IndexUSD (US Dollar)yen

Related publications

Disclaimer