Last week’s charting worked out well, with the H&S Pattern and price targets we forecast Wednesday Mar 4…
…playing out nicely by Friday.
USDJPY reached our 121.12 target a few days ahead of schedule — which, unless the previous high is at least tested, will leave it with little levitating power.
And, CL is showing few signs of being ready to reverse just yet.
Aside from the ECB’s QE finally starting, and a couple of Fed president’s speaking today, I don’t see a lot that could change Friday’s intermediate-term forecast.
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