3/16 If you want a side business online, USD/JPY FX investment
＜March 15 USD/JPY results＞
Tokyo range: 117.85=118.45, NY range: 117.80=118.36
In Tokyo, as predicted, the price declined within the “ceiling zone” up to 118.20=50, following the scenario.
In New York, conversely, there was a rebound from the “lower limit zone” 117.60=75 up to the “ceiling zone” 118.20=50.
In New York, conversely, there was a rebound from the “lower limit zone” 117.60=75 up to the “ceiling zone” 118.20=50.
＜March 16 Tokyo development＞(as of 8:20)
The two points for today’s Tokyo development are below.
1. Whether the upside test of the “ceiling point” 118.70-75 will be realized
2. Whether Tokyo can close with a development in the “divergence zone” 118.20=30 or higher
Reason: if 1 occurs, a classic decline after testing the ceiling is expected, and Tokyo can potentially reach the maximum “lower limit zone” 117.70=80.
Reason: if 1 occurs, a classic decline after testing the ceiling is expected, and Tokyo can potentially reach the maximum “lower limit zone” 117.70=80.
If development for 2 ends up occurring, from European time onward, we can expect a continuation to target the ceiling point from Europe around 119.00-05.
From the above, Tokyo’s development patterns are three in number
（1）The upside test of the “ceiling point” 118.70-75 is realized, but a strong resistance state remains and the price moves sideways in the high range. Expected range: 118.30=75
（2）The “ceiling test” ends halfway and the price remains in the “divergence zone” 118.20=30 to 55 as the lower limit. Expected range: 118.20=55
（3）Finally, the price breaks below the “divergence zone” 118.20=30 and falls to the “lower limit zone” 117.70=80. Expected range: 117.65=118.35
＜March 16 Tokyo USD/JPY analysis diagram＞
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