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US DOLLAR / JAPANESE YEN CROSS – Daily

Currently: Cash Looking to: Buy @ 108.337

As of 3/21/21 @ 9:21pm EST: 108.857

LAST WEEK: We suggested buying dips in USDJPY to 108.337 and holding for a run up to 111. We suggested honoring stops on longs on a close below 107.75.

UPDATE: The USDJPY is up early on Monday after trading sluggishly all last week. We still feel the cross will trade down to 108.337 (or lower).
No changes to last week’s trade recommendations.