2/18 Tokyo USD/JPY exchange rate trading points
<Results for 2/17 USD/JPY>
Tokyo range: 115.12=53, NY range: 114.85=115.15
A day as predicted, “On 2/17 Tokyo finally breaks below the weekly point of 115.30-35, and watchers will be looking to see if a downward trend can be formed.
(1) Break below the weekly point of 115.30-35 is realized. Tokyo stops at the daily point 115.10-15, but from Europe a full down move toward the “bottom-value point zone” 114.70-85 continues. Estimated range: 114.80=115.40 ’
<2/18 Tokyo USD/JPY outlook>(as of 8:20)
Tokyo started to fall as planned yesterday, and NY achieved the initial drop target at the “monthly point zone” near 114.60-75.
Tokyo may be in an adjustment phase, or the drop to the target may be realized, so the trading range itself remains a narrow zone..
(1) Adjustment phase.”Top-point zone” 115.10-20 retraces but acts as a resistance and stays flat
Estimated range: 114.90=115.20
(2) Small movement. There is a strong zone up and down, and little momentum.
Estimated range: 114.80=115.00
(3) Downside test toward the target is realized, but only to that extent.
Estimated range: 114.50=90
<2/18 Tokyo USD/JPY analytical diagram>
× ![]()