1/4 Tokyo Dollar-Yen Exchange Rate Trading Points
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＜Predictions for 1/4 Tokyo USD/JPY＞（as of 8:20）
The weekly trend is often decided by the results at the start of the week, and a major market move can be set. This week too, the key point is whether the “range-bound zone” 115.20=40 can be broken above.
From the European session at 15:00, the possibility of a rise is high, but until then it will be a small movement around the “range-bound zone” 115.20=40 level and the 115.25=45 zone level.
If the rise to the “upper zone” up to 115.55=75 can be realized, we expect to achieve the “expected upper limit zone” 115.80=95, which we regard as the 80% upper limit for this week.
Pay attention to the price action around 15:00.
＜Analysis chart for 1/4 Tokyo USD/JPY＞
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