When I woke up on March 16 in the morning, I found myself in a completely different world—how should I read the line within this?
(
When you wake up in the morning,
Dollar/Yen starts with a gap up and down 1 yen!
Compared to the coronavirus in China, the spread of coronavirus in Europe and the United States seems to have a greater impact in various ways.
There is panic in the West, so from here on...
Up to now
*Bubble burst
*Lehman Shock
There have been sharp declines in both,
and it took a long time to return. Until then, it was a salt position.
However this time it is ≪virus≫ in an unknown territory.
Vaccines are eagerly awaited, aren’t they.
First, this is a review article from last week.
The flow and the values are in completely opposite positions this morning, but I’ll review them anyway.
*Dollar/Yen rose well beyond the Friday expected high of 107.500 and continued to rise.
*Pound/Yen reached the key expected level around 19:00 on Friday night and has since declined.
As for the current position of the dollar/yen,
the trend is downward, but
the break line of the【Keikana line】 is a turning point! Let’s examine it carefully.
If it does not go below this, a rise or fall will occur again and a further decline is expected.