2017.7.25 07:05 Dollar/Yen price movement forecast and scenario
USD/JPY Outlook: Reflecting on the Previous USD/JPY Price Movement Forecast
On the 24th, the price movement was largely in line with the image. If you compare the below Scenario 2 with the 15-minute chart, you’ll see that they largely match. We are predicting the range of consolidation by estimating where the real body of the candlestick will be.Previous USD/JPY Forecast 2017.7.24 06:35 Post Scenario (Click the image to go to the article)
Previous USD/JPY Forecast 2017.7.24 USD/JPY 15-minute Chart
Today’s USD/JPY Forecast: Building a Price Movement Scenario for USD/JPY
The focus will be how far the daily retracement can go. The expected retracement is around 111.430–111.750, but if it surpasses this range, there is a possibility that the trend may change. Today, since the chart does not reveal small price movements, I have drawn a scenario within the range I can read.To be continuedHere
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