USDJPY

November 13,

Dollar / yen, sandwiched between conversion line and reference line.

The high-price low-price of the dollar / yen exchange on the 10th day last week was the smallest price of this month about only 40 pips. It seems that it became a light bargain as market participants declined due to the Veterans Day holiday in the United States. It is considered that the sense of direction has been lost since the conversion line of the daily One-piece balance table became the upper price resistance and the reference line became the lower price support.

Today there are no major economic events scheduled, and it is expected that the market situation will continue to arrive. Even if you raise the value, the above conversion line (113.912 yen at the time of writing) is resistance. Even if you lower it, the baseline (113.191 yen at the time of writing) will be supported.