US Dollar/Yen: Advance to New Highs For Year Imminent

TECHNICAL ANALYSIS

Max McKegg finds the dollar/yen looking to be on the cusp of a major bull run.

As the maxim states, the only constant is change, and just as traders have become reconciled to further range-trading in the dollar/yen through to year-end (having spent most of this year within a contracting 110.05 -- 102.00 price range), the dollar is about to start trending again -- in a big way.

In our last look at this pair in the August 21 issue, we were looking at a correction from the 109.25 area to set the

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