Friends,
As indicated in recent predictive/forecasting model commentary, USD has gained strength. Applying a EW model, one might appreciate a supportive argument for the proposed bullish bias of the predictive/forecasting model.
Fundamentals also suggest strengthening of the greenback against a continued dilutive monetary policy.
Net outlook is BULLISH for the Yen.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
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