2018.8.7 5:35 Newsletter delivery Dollar/Yen price movement scenario

● Scenario 1
If the price breaks above the triangle, it will rise to around 111.550–650, then consolidate or adjust. A breakout above the consolidation will push it to around 111.750–850. If it breaks below the consolidation or further adjusts, it could fall to around 111.250–350. After rising to around 111.750–850, it may again consolidate or adjust around that level. If it breaks above the consolidation again, it could rise to around 111.950–112.050. If it breaks below the consolidation or adjusts, it could fall to around 111.450–550. If it rises to around 111.950–112.050 and momentum to the upside strengthens, it could potentially rise to around 112.150–350.
● Scenario 2
If the price breaks below the triangle, it will fall to around 111.350–250, then consolidate or adjust. A breakout below the consolidation could push it to around 111.150–050. A breakout above the consolidation or further adjustment could push it to around 111.600–500. After falling to around 111.150–050, it may again consolidate or adjust around that area. If it breaks below the consolidation, it could fall to around 110.900–800. If it breaks above the consolidation or further adjusts, it could fall to around 111.450–350. If it falls to around 110.900–800 and momentum to the downside strengthens, it could potentially fall to around 110.700–500.