Perfect fit from top to bottom! The astonishing effectiveness of the line! Tonight's cross currency forecast
【Hanami】
I watched a cherry blossom in a snow scene on TV.
It looks really cold. Everyone, please be careful not to catch a cold.
However, for chubby people, the temperature is just right. (^ ^)
【USD/JPY】
As expected, the 111.000 line was tight last night.
The low reached during U.S. time. It is currently 19:30, around 111.170.
From a chart perspective, it is in a mid-range position.
From tonight onward,
① I don't think it will reach 111.700
② 111.500 is the key value resisting upward movement today
③ 111.950
If it clearly falls below ③, it may aim for the mid-110s, but who knows.
【GBP/JPY】
After yesterday's blog post, about 20 minutes later when I looked at the chart,
it broke above ① and briefly hit the high of 146.036 before falling.
In the early hours around 3:00, it touched near ⑤ around 144.788.
From top to bottomspot on!
Line methodis formidable.
Today will be an expectation based on U.S. time.
① 145.950 I don’t think it will go there,
② 145.800 Upward key value
③ 144.700 Downward key value