$USD vs. $JPY Eyes 122.014; Model Defines 117.134 Target #forex

Friends,

As per Geo's "Off-Set Rule", attainment of a 5-second (5") will likely build a significant support at the price level corresponding to the geometry's Point-3. This range is defined as

- 122.012 to 121.576.


As per prior analysis, the Predictive/Forecasting Model remains bearish, having set a qualitative target that has remained unchanged since the first trimester of 2015, defines as:

TG-Lo = 117.134 - 06 MAR 2015 - Qual-Target: Moderate Probability





OVERALL, price will likely find significant support within the 122.014/121.576 range. A break below this level is likely to cause a time-consumptive re-testing ("support-turned-resistance" event), before price would show any bearish commitment.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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