11/26 Tokyo Dollar/Yen market key points
<11/25 USD/JPY Results>
Tokyo range: 115.31=44
Yesterday in Tokyo it was a corrective market, making the difference whether a solid rise would occur
(2) Estimated range for the pattern: a 13-pip range farther than 115.25=55, with less movement
<11/26 Tokyo USD/JPY Market> (as of 8:00 AM)
Today's Tokyo is more of a corrective decline than a corrective market.
It has almost reached the high range and a stagnation continues, suggesting a decline may occur once.
The key point is whether the lower boundary zone 114.95=115.05 will firmly drop.
(1)Decline ends as a mere correction and stops halfway.
Estimated range: 115.10=40
(2)Lower boundary zone 114.95=115.05 results in a strong corrective decline.
Estimated range: 114.95=115.35
<11/26 Tokyo Analysis Diagram>
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