1/12 Tokyo Dollar-Yen exchange rate buy/sell points
＜1/11 USD/JPY results＞
Tokyo range: 115.13=38, NY range: 115.25=68
On 1/11 Tokyo followed the pattern (1) of the forecast.
“Tokyo, ideally, is to participate in selling from the buyback at the ceiling (bottom) point of 115.75=95, but we do not see that possibility.”
（1）Never reaches the ceiling test, buys back up to the initial 115.35=50 zone, which becomes a wall and resumes the fall. Investment mind: sell on the rebound in the 115.35=50 zone.”
＜1/12 Tokyo USD/JPY Key Points＞ (as of 8:20)
Last night in NY there was movement aiming for a top, but the flow changed with the Fed chair’s speech, and it again fell into a “branching zone.”
Today in Tokyo, if there is an upside attempt in the “upper limit zone” 115.80=90, that will be an ideal selling area.
However,“range-bound zone” 115.15=60 with small moves finishing at 80%is how it is expected to end.
From an investment perspective, selling at the upper limit zone is less advantageous than selling when breaking below the “range-bound zone,” which accelerates the decline and makes taking profits easier.
However, from the European session it is possible, but a break below during the Tokyo session is not expected. Disappointing.
＜1/12 Tokyo Analysis Illustration＞
× ![]()
