USD/JPY is strong, isn’t it~ We’re waiting for a push down to 154.3
Dollar/Yen 15-minute chart
The dollar is strong, isn’t it~
Last night’s fears seem to be unfounded
From group chat
“Good work everyone
Dollar/Yen is rising, but we are also watching the possibility of a H&S (Head and Shoulders)
There may also be a downward trend
Since there are beginners as well
So, did I go short? No, I did not
We are considering a scenario (possibility),
And we act when we determine that it could happen
Because it rose sharply by breaking the line,
I did not judge it as a Head and Shoulders
This seems likely to move toward 155 yen
We are aiming to reach 155 yen and anticipate a decline due to entry uncertainty after reaching the target
Around 154.53 is a wall; will it rebound and rise here, or break
We expect a drop to around 154.0
On the hourly chart, it looks like this
154.0 is a resistance
Will it come before tonight’s data release?
Looking at the pivot line, yesterday we also broke the R3
As expected, it pulled back to pivot 153.433 and bounced
Today, R1 is in the 155 yen range
For reference, R2 is 155.259
R3 is 155.840
Would a pullback be around 154.3?
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