Dollar/Yen Forecast January 15
■ USD/JPY Today’s Daily Chart Forecast
From the USD/JPY daily chart, it is trading within a range sandwiched between the resistance at 109.193 and the support at 107.772, a range it has continued to stay in since recently, with no sign of breaking out of this range. Since the 109.193 resistance and the 107.772 support appear to be quite strong, it is expected that breaking out of this range will be a while off.
What are the forecasts and analyses for the 4-hour and 1-hour charts? Can we enter at all? Read more
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