If the Dollar/Yen breaks through Tuesday's low of 113.80 then I will take that as the first sign that my decision to SHORT the Dollar/Yen at 114.25 and 114.50 was the correct one. If you aren't yet SHORT the Dollar as I am then you may want to make a mental note of this level as a place to consider selling the Dollar. If the Dollar breaks 113.80 I won't be surprised to see the Dollar trading south of the 9/5 low of 108.75 in record time.
Dale F. Doelling
Chief Market Technician
Trends In Commodities
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