3/10 The FX information that can most profitably boost earnings as a side business
<Result for 3/9 USD/JPY>
Tokyo range: 115.71=91, New York range: 115.55=89
3/9 Tokyo was “when you break the large divergence zone 115.35=80, a strong flow forms; it will either break this zone or end with the range in this zone.”
Tokyo formed a top edge at the breakout point, creating a clean wall here and failed.
NY had a “ceiling point” at the same level 115.95-00, where a wall formed, causing a decline below Tokyo once, then rose again but did not reach the ceiling point and ended.
<3/10 Tokyo USD/JPY outlook>(as of 8:20)
In Tokyo, whether the breakout of the NY failed ceiling point 115.95-116.00 will be realized or fail is the question.
Even if a breakout occurs, Tokyo will view the next weekly point 116.15-20 as the “upper limit zone” up to 115.95=116.20.
However, from Europe time, the breakout is seen at 70% probability.
(1) A strong wall state continues at the ceiling point 115.95-00, staying flat.
Expected range: 115.75=116.00
(2) Breakout of the ceiling point 115.95-00 occurs but ranges in the “upper limit zone” 115.95=116.20.
Expected range: 115.90=116.20
(3) No attempt to move higher than the ceiling point, minor movement in the “consolidation zone” 115.50=80.
Expected range: 115.55=90
<3/10 Tokyo USD/JPY analysis diagram>
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