6/27 06:00 Newsletter distribution: USD/JPY price movement scenarios

● Scenario 1
If the range from 109.950 to 110.150 breaks upward, it could rise to around 110.250–350, continuing in range or pulling back. A breakout above the range could push toward around 110.450–550. If it breaks below the range or pulls back, it may fall to around 109.950–110.050. After rising to around 110.450–550, it may again range or adjust in that vicinity. If it breaks higher from the range, it could rise toward around 110.650–750. If it breaks lower from the range or pulls back, it could fall to around 110.150–250. If it rises to around 110.650–750 and momentum to the upside strengthens, there is a possibility of moving up to around 110.950–111.150.
● Scenario 2
If the range from 109.950 to 110.150 breaks downward, it may fall to around 109.900–800, continuing in range or adjusting. If it breaks further lower, it could drop to around 109.700–600. If it breaks upward or pulls back, it could rise to around 110.200–100. After falling to around 109.700–600, it may again range or adjust in that vicinity. A break below the range could push to around 109.500–400. If it breaks higher or pulls back, it could rise to around 110.050–109.950. If it falls to around 109.500–400 and downside momentum strengthens, it could drop to around 109.250–050.