6/15 05:38 Newsletter delivery Scenario of dollar-yen price movement

● Scenario 1
If the range from 110.550 to 110.700 is broken to the upside, price may rise toward around 110.850–110.950, then enter a range or pullback. A breakout above the range could push toward around 111.050–111.150. If the range breaks to the downside or a pullback occurs, price could fall toward around 110.550–110.650. After rising toward around 111.050–111.150, it may once again consolidate or pull back around that level. A breakout above the range could take it to around 111.250–111.350. A breakout below the range or a pullback could push toward around 110.750–110.850. After rising to around 111.250–111.350, a decline could occur.
● Scenario 2
If the range from 110.550 to 110.700 is broken to the downside, price may fall to around 110.400–110.300, then enter a range or pullback. A breakout below the range could push toward around 110.150–110.050. A breakout above the range or a pullback could lift price to around 110.700–110.600. After falling to around 110.150–110.050, it may again consolidate or pull back around that area. If the range breaks below again, price could fall toward around 109.950–109.850. A breakout above the range or a pullback could push toward around 110.450–110.350. If price falls toward around 109.950–109.850 and the downside momentum strengthens, there is a possibility of a move down to around 109.750–109.550.