Rich Will Japan

USDJPY

Japan Yen and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

October 20,

Dollar / yen, blocked by the wall of 113 yen range.

Yesterday’s dollar / yen exchange rate increased to the level of 113.10 yen, but it was sluggish at around Bollinger band + 2 Sigma (113.132 yen). Eventually it was pushed back to the vicinity of the 20-day moving average line and the transaction was over.

Continuing from the latter half of last month to the beginning of this month, this time the circumstance of failing to capture the 113 yen range has come, and it seems that the adjustment room is born in the near future. If clearly interrupting the 20th day line (112.474 yen at the time of writing), there will be a low price toward Band – 2 Sigma (111.818 yen at the time of writing).

 Today, Kuroda BOJ president ‘s greetings (13: 35) and rice September second – hand housing sales (21: 00) are scheduled.