March 4th, early hours expected to drop to the lowest price! Will the Japanese yen go to strong yen? or weak yen?
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Today, it has suddenly become a bit chilly.
Sunny ⇒ cloudy/rain ⇒ sunny ⇒ cloudy/rain
Even the weather moves in zigzags like the exchange rate.
Will it continue to move up and down in big zigzags?
U.S. time (America time) was rough, wasn’t it?
America also faced a corona shock,and is powerless against viruses.
【yen depreciation】
Yesterday, both USD/JPY and GBP/JPY touched the forecasted lower bounds from the early morning to dawn. Currently it has recovered a little as of 13:13 on March 4.
That was yesterday's article.
Today, what kind of movement will we see?
Yesterday, both currencies chose the downside and reached the lower bound (the lower limit according to the line method) of yesterday’s line.
Currently, it has recovered a little, hasn’t it?
*Today, will it try to go lower again?
*Or will it return like this? How far will it go?
I will forecast these two points today as well using the line method (Keikana Line).