2017.7.27 13:45 The movement of USD/JPY forecast and scenarios
Dollar/Yen Forecast: Reviewing the Previous Dollar/Yen Price Movement Forecast
The image above was correct, but the downside move exceeded expectations. Looking at the current chart, I will analyze how far it may pull back using Stock-Measure.Previous Dollar/Yen Forecast 2017.7.26 06:55 Posted Scenario (Click the image to go to the article.)
Previous Dollar/Yen Forecast 2017.7.26 Dollar/Yen 15-minute Chart
Today’s Dollar/Yen Forecast: Building a scenario for Dollar/Yen price movement
<Posted 2017.7.26 07:45>
● Scenario 1
If the range from 111.050 to 111.250 breaks upward, it may rise toward around 111.400–450, followed by a pullback or range. If it breaks upward from the range, it could rise to around 111.600–650. If it breaks downward from the range or pulls back, it may fall toward around 111.050.
● Scenario 2
If the range from 111.050 to 111.250 breaks downward, it may fall toward around 110.850–900, followed by a pullback or range. If it breaks downward from the range, it may fall to around 110.650.If it breaks upward from the range, it could rise to around 111.250.
07:48 CorrectionIf the range from 111.050 to 111.250 breaks upward, it may rise toward around 111.400–450, followed by a pullback or range. If it breaks upward from the range, it could rise to around 111.600–650. If it breaks downward from the range or pulls back, it may fall toward around 111.050.
● Scenario 2
If the range from 111.050 to 111.250 breaks downward, it may fall toward around 110.850–900, followed by a pullback or range. If it breaks downward from the range, it may fall to around 110.650.If it breaks upward from the range, it could rise to around 111.250.
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