2017.7.18 09:25 USD/JPY price movement forecast and scenarios
USD/JPY Forecast: Reviewing the Previous USD/JPY Price Movement Forecast
Daily, looking at charts and producing outputs seems easy, but in reality it is quite difficult. Among the charts looked at daily, many are hard to output, and especially during expected ranges of consolidation, predicting how wide the range will be and at which points consolidation will occur is very challenging. Even so, on 7.17 the points where the breakout would stop rising and where it would stop falling were almost exact. Whether a breakout is a false breakout isn’t something even a deity can know.Previous USD/JPY Forecast: 2017.07.17 06:55 Post Scenario (Click the image to go to the article.)
Previous USD/JPY Forecast: 2017.07.17 USD/JPY 60-minute Chart
Today’s USD/JPY Forecast: Constructing a Scenario for USD/JPY Price Movement
The 160MA on the 15-minute chart is very influential. If price closes above this level, I think it will be easier for it to move higher.To continue,here
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