$USDJPY | Bullish Targets Defined

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

Commento:

Forecast remains in tact and in force.

Commento:

Consider the adjusted targets defined in this chart.

Commento:

UPDATE: 1st of 3 targets hit.

108.207 and 110.890 still remain high probability targets

Commento:

2nd Target Hit

Commento:

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

Best,
Chartistry

Commento:

UPDATE: All 3 Targets hit. Expect a high probability reversal from this level.

Best,
Chartistry