Japanese Yen Long term Forecast

Sep, 13, 2017     By C S Vijayalakshmi    0 comments


Japanese Yen Sep17 Longterm Report

 

Dollar-Yen has fair chances of trading within 106-110 region in September. A maximum downside of 106 seems possible from where a bounce back towards 115 could play out in the next 1-2 quarters . There is scope of range trade between the broad 115-106 region for another 2-quarter and till then it would be difficult to take a preference of a break on either side of the mentioned range.

 

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C S Vijayalakshmi

Viji has the rare ability to look at charts using both Classical charting as well as Elliot Waves, which she combines with excellent proficiency in Excel. A growing presence in the social media sphere, she is also an accomplished danseuse and choreographer.



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