11/12 Tokyo USD/JPY market trading points
＜Result for 11/11 USD/JPY＞
Tokyo range: 113.89=114.15, NY is a holiday (Veterans Day)
The Tokyo forecast was: “Rather than aiming for a continued rise toward the weekly point of 114.15=20, a small range trading within the major ‘monthly/weekly point zone’ of 113.60=114.00”
But after 10 o'clock, the weekly point was broken upward and pressed toward 114.15-20, the upper weekly point. Unfortunately, not a perfect hit for three days in a row.
＜USD/JPY Tokyo outlook for 11/12＞
As yesterday, the weekly point of 114.15-20 could not be broken upward, and it is seen as trading in a “consolidation zone” of 113.75=114.20.
In particular,the small movement in the 113.95=114.20 upper zone is considered likely.
＜11/12 Tokyo analysis diagram＞
× ![]()
