shuyatake

Selling too strong. ... Whether or not endure

FX:USDJPY   U.S. Dollar/Japanese Yen
Yesterday. .
In Tokyo morning,Short-Cover was entered after fell to 107.74.
In NY time, was suppressed at FOMC-minutes.
After that, was closed with not rebound at all.

I want to refer to the "RELATED IDEAS".
The large return is as stated already.
I think also that was suppressed by "Resistance-B" which had been pulled yesterday.

but. .
It was sold in "SellZone-B" which is the point of the short-term, but It's being endured barely in "BuyZone-D" from the Background in which it was denied.

Since I was strategizing before FOMC- minutes , I was thinking the movement of 1 & 2 .
If cracking clearly "BuyZone-D" and 107.98, I expect the deployment of attacking yesterday's low.
Downside is 107.40 level.

if endured and break through the turning point of selling on short-term, I'm aiming for long in short term.
but. . I feel selling is too strong.

Today, best is to limit the short-term.
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