October 20 Today’s USD/JPY and GBP/JPY: upside, pullbacks, and breakdown-level analysis

Dollar/Yen and Pound/Yen continue to rise strongly.

Yesterday as well, it fell only to the pullback A, and then rose again.

When you can’t see a clear ceiling like this, be careful of the sense of value (price perception).

The introduction mentions【A Point】 = if it only drops to here, it will test higher again

In the end, it keeps rising because it never falls below here.

The analysis is that the upward trend from the Tuesday before last will not be broken until reaching the lower boundary point.

＊A Point　⇒　If it only drops to here, it will rise further

＊Boundary Point　⇒　As long as this is not breached, the trend is biased upward

Conversely, if it falls below, the upward trend collapses

Now, today we will analyze with Keikana Line as well.

＊This article is preface analysis information to demonstrate the effectiveness of Keikana Line

＊For those who have learned Keikana Line, you can compare your own price flow analysis and learn from it

＊Note: This is preliminary analysis information. It does not constitute a trading recommendation.