July 31st, the eve of a tumultuous month-end! Analysis of the rapid drop in USD/JPY, sharp rise in GBP/JPY, and the flow on the final day
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It has been stormy since last night, hasn’t it?
The move seems to contradict the previous impression that volatility was low.
Dollar selling!
Is the sharp drop due to U.S. GDP shrinking by 32.9%? I think many countries are similar,
if it continues to fall further, will there be war risk after all? (Flinching)
In times like this, be careful of sudden rises and falls.
Back in the monthly chart of the USD/JPY from a few years ago, a bullish candle turned into a sharp bearish candle on the last day.
Well then
today too, I will analyze using the Keikana Line method.
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