Some Japanese minister was saying the other day that 95 yen to the dollar would be a reasonable objective for the BOJ. But is it do-able? The chart shows that the central bank may be up to the task. Even with the Swiss now fully engaged in the devaluation wars, Japan has done a quite creditable job turning its currency into ca-ca. Although it seems doubtful that a collapse to below par can be engineered without a nasty bounce along the way, we’ll be better able to gauge BOJ’s odds for success when we’ve seen a B-C correction on the weekly chart. It’s high time you learned how to do this stuff yourself. Click here to get started.