Market Prediction USDJPY

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Estimated Trends: Range Market
Range: 106.00 - 107.20
Low / High: If the market moves around the SELL level of 107 transactions, if the market moves at 106 mid-level downwards, BUY transactions.


In the Tokyo market, although USD / JPY fell to close to 106, due to the Nikkei and other Nikkei stock average rises, USD / JPY rose again to 106.73. However, due to a consecutive New York national holiday, the movement of USD / JPY in the New York market will be likely to fall back and rise even higher.


Market will be more active in these hours:

A. 12:00 EUR ZEW Survey
B. 17:00 EUR Consumer Confidence
C. Transactions SELL

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