shuyatake

Yesterday Movement would wiped out Market-Position ?

FX:USDJPY   U.S. Dollar / Japanese Yen
Yesterday was dramatic movement !
because I was looking Long yesterday morning, participated in attacking higher.
of course, I didn't think even fall so. hahaha..
I participated in decline after it updates the lows.

I think flow may change.
because, Buyer of "Higher-Price" would have been cut by decline of yesterday.
and it reached Buy Zone of Daily-Level. (Daily BuyZone -Z)
fell to 105 yen-middle, it would wiped out Market-Position.

Also, yesterday was "Outside-Day".
this is important sign of flow's change.
on the other hand, it will may be limited in Range.
so it is in range now,I think both situation.
I think that the upper is 106.25/30 level, the lower is 105.70/75 level.

Of course, unless otherwise this decline broken, I don't look "Long".

If Market think yesterday's low Buy-Level of Daily, USDJPY             will change to upside and attack higher again.

Have a good trading !
for the past 24 hours, USDJPY seem to be in a range trading of 105.481~106.331. I will go short on the top of this range.
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