#Yen At Significant Support | #Nikkei $JPY $USD #forex #BOJ $Yen

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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