Comment :
1) Due to USD getting stronger, and Japan still maintaining its ultra-loose monetary policy, caused yen's depreciation to 24-year low.
2) TrendX+ - candlestick moving above green trend line, still mid-term uptrend.
3) DDX+ - fund candlestick is moving above zero-axis and green uptrend cross, indicating mid-term uptrend.
4) MCDX+ - strong, banker bar has increased to above 95% while retailers bar (turquoise) has vanished since the month of Sept 2021.
Support & Resistance :
R : JPY151
DISCLAIMER:
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.