September 22 – Dollar/Yen pullback candidate and Pound/Yen analysis
With the U.S. rates hike, USD/JPY is headed toward further yen weakness again, isn’t it
The Bank of Japan is hinting at intervention, but what will happen...?
Even if intervention causes a drop of, say, 300 pips,
it could become an excellent buying opportunity,
and if it suddenly falls about 2000 pips, things may change, but who knows.
Then during the rough European and American session hours,
today as well we will analyze USD/JPY and GBP/JPY using the Keikana Line.
*This article is preliminary analysis information to demonstrate the effectiveness of the Keikana Line.
*For those who have learned the Keikana Line, please compare your own values and flow to learn.
*Note: This is preliminary analysis information and does not constitute a recommendation for trading.