11/11 Tokyo Dollar/Yen market buy/sell points
<Results for 11/10 USD/JPY>
Tokyo range:102.78=103.14, New York range 113.20=114.00
On 11/10 in Tokyo,it was almost a perfect call, supported at the bottom and flatbut rose from Europe and extended in New York.
The ideal “rebound from testing the bottom” we hoped for was realized in New York.
Tokyo on 11/10’s forecast was to watch whether the bottom point of 112.85-90 would hold and lead to a buyback flow. The key point for upside was the daily point 113.10-15.
(1) Supported at the bottom point 112.85-90, but the buyback would face resistance at the daily point 113.10-15,112.85=113.15 zone sideshouldbe a sideways move.
<Dollar/Yen in Tokyo on 11/11> (Prepared at 8:30)
The rebound from the expected “bottom test” in New York materialized.
In Tokyo on 11/11, rather than continuing a rise toward the weekly point 114.15=20, the view is for a small move and a corrective phase within the maximal “monthly/weekly point zone” 113.60=114.00.
<11/11 Tokyo analysis diagram>
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