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USDJPY 3M chart 1987 - present

6 out of 7 forecasts to get USDJPY wrong?

Out of 7 USDJPY forecasts compiled in the beginning of the year, 6 appear to be wrong. It is 11 months too early to tell but does not bode well. Price takes the path of least resistance – JPY charts suggest this ‘least resistance’ path is down.