Where To Next for USD/YEN?

In the Zero Interest Rate Policy (ZIRP), QE-on-steroids world that continues to drive the YEN lower vs the relative strength of the U.S. economy and the U.S. Dollar, if the technical work means anything, then the optimal next significant target zone for USD/YEN is 123-125.

Only a break below 115.50 will compromise my next upside target zone.

  Matched “”
x
Take Advantage Of Our Free
7-Day Trial, $71st Month Offer!
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!