12/29 Tokyo USD/JPY exchange rate trading points
＜12/28 USD/JPY results＞
Tokyo range: 114.77=96, NYC range: 114.71=87
Tokyo's forecast is
“Tokyo sees whether the ‘test of a top’ 115.00=10 can be realized as the key point.”
（1）期待する”top test” 115.00＝10 が実現。想定レンジ：114.65=115.05
（2）Unable to test the top; blank zone 114.75=95 with small movement.
Final “branch zone” adjusts downward to 114.60=70. Target range: 114.70=95
Result,Tokyo and NYC were almost spot-on with pattern (2).
＜12/29 Tokyo USD/JPY Key Points＞
Tokyo's outlook is,the key point is how far it can rise from the “branch zone” 114.60=75 as the bottom to the “top zone” 115.25=40.
Ideally, reaching the 115-yen area targeted for this week’s rise would be realized, but it depends on how far the market moves before year-end, and the following 3 patterns are anticipated.
(1) It does not rise toward year-end and stays flat. Target range: 114.70=85
(2) Rises but ends at 115.00. Target range: 114.75=115.05
(3) Ideal “top test” 115.25=40 is realized. Target range: 114.75=115.35
＜12/29 Tokyo USD/JPY Analysis Diagram＞
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