Mid-price forecast value for 2/27
Good morning, 8:50 in the morning.
The current value is around 150.55. The predicted value is around 150.65.
Since Japan's CPI announcement at 8:30, yesterday's depreciation of the yen was reversed and fell towards 150.50. Then, the decline stopped at around 150.52, but it almost matched Fibonacci's 61.8% push low on the 1-hour chart.
If you believe Fibonacci, it will rise. So, expect an increase. Since there are US economic indicators until it touches the 13 EMA on the 5-minute chart, it is likely that it will rise due to slight price movements.
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