USD/JPY 118.00-118.20 is the focus for the remainder of the week. I believe a move into this level will complete the correction that began almost two months ago on August 17. It's been a long dark journey in wave 2, but if I am correct, the fun that is wave 3 below the 110 lows begins very soon.

Click here for the video.

Todd Gordon is a Technical Currency Strategist and Fund Trader with GAIN Capital Group.

Disclaimer
The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.