11/25 Tokyo USD/JPY exchange rate trading points
＜11/24 USD/JPY Market Results＞
Tokyo range: 114.86=115.24, NY range: 115.10=52
Tokyo has entered a dollar-strong market for the first time in 4 years and 8 months.
Yesterday's forecast was,
“If the weekly point 115.00-05 is completely broken, the ‘upper zone’ 115.50=65 can continue higher
to the extent of a continued rise.”
（1）Complete break of weekly point 115.00-05 and continued rise to the ‘upper zone’ 115..50=65
until
（2）If the break of weekly point 115.00-05 fails,
the ‘divergence zone’ 114.85=115.05 will enter a rangebound phase’
As a result, Tokyo breached the ‘divergence zone’ 114.85=05 to continue rising,
and in NY the target ‘upper zone’ 115.50=65 was achieved through continued rise.
＜11/25 Tokyo USD/JPY Market＞
Today in Tokyo is viewed as a corrective market.
The key point is whether there is an attack up to the ‘upper zone’ 115.60=70.
（1）There is a solid attempt higher up to the ‘upper zone’ 115.60=70, but it faces resistance and ends with little movement
Expected range: 115.35=70
（2）If the upside attempt to the ‘upper zone’ 115.60=70 does not reach, ends in rangebound
Expected range: 115.25=55
