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Downside Target Met In US Dollar/Yen (USDJPY)

Posted on: Friday, April 29th, 2016

US Dollar/Yen (USDJPY) met our 107.00 downside target this morning (April 29th), which was first mentioned in our February 8th Keys To This Week report (access requires subscription), to capture a 7% decline in a little less than 3 months.

Here is the chart from our February 8th report.

Chart 1 of 3 from the Feb 8th Keys To This Week

Chart 1 of 3 from the Feb 8th Keys To This Week

Here is the current chart updated through this morning. 

USDJPY through April 29th 2016

USDJPY through April 29th 2016