12/20 Tokyo USD/JPY market trading points
＜12/20 Tokyo Dollar Exchange Rate＞
There are two weeks left in this year.
During the week that includes Christmas, the range tends to be small, as in previous years.
Last year, 2020/12/21=25 had a 39-pip range, 2019/12/23=27 had a 31-pip range.
However, at the start of the year, it becomes a high-volatility period.
2020/01/06=10 had a 1.95 yen range, this year 2021/01/04＝08 has a 1.40 yen range.
Today, 12/20 in Tokyo,the key point is whether the “branching zone” 113.40＝70 can be broken aboveto the upside. Because if it breaks above, it is likely that this week will aim for the 114 yen level.
＜12/20 Tokyo Analysis Diagram＞
× ![]()
