Is May 9th up to 140 yen inching higher? This week's USD/JPY and GBP/JPY analysis
GW has ended, and since this morning the USD/JPY is rising.
From the Japanese government
There were statements such as “we will intervene with 13 trillion yen if it reaches 140 yen,”
which seems to have created a sense of reassurance that intervention won’t go that far,
and perhaps the movement has formed an objective of 140 yen?
Well then,
we will analyze this week using Keikana Line.
I am analyzing in Japanese time on LiveDoor Blog
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*This article is preliminary analysis to prove the effectiveness of Keikana Line.
*For those who have learned Keikana Line, please compare your own values and flows with what is presented here to learn.
*Note: This is preliminary analysis information and does not constitute trading recommendations.