11/24 Tokyo USD/JPY market trading points
Yesterday's stream was missed, so everything will be released.
The 11/25 report will be released later
＜USD/JPY Market from 11/22 to 11/23＞
11/22 Tokyo range: 114.02=26
11/22 NYC range: 114.07=96
11/23 NYC range: 114.84=115.19
The 11/22 Tokyo forecast is based on pattern (1),
‘Whether the price can break above the “bottom zone” 113.95=114.15,
(1) break above the “divergence zone” 113.95=114.15 first, aiming for the maximum “upper zone” 114.45=60
In Tokyo, an upward momentum forms on breaking above 114.15, pushing up to 114.96 in NYC.
11/23 NY will see a rise to 115.19 and a dollar rally not seen in four years.
＜11/24 Tokyo USD/JPY Market＞
On 11/24 Tokyo, the key is whether the weekly point 115.00-05 can be fully broken, allowing continuation to the “upper zone” 115.50=65.
(1) Fully break 115.00-05 weekly point to continue to the “upper zone” 115.50=65
(2) If the break fails, expect a consolidation range around the “divergence zone” 114.85=115.05
