Currency pair EUR JPY continues moving inside the descending pattern forex 5-0 with a potential target of the fall to below 119.50 area.
Currently quotes tightly couples the upper bound test pattern, indicating the beginning of a potential rebound and fall.
EUR JPY Forecast Euro Yen on February 17, 2017
Cancellation option reduce the EUR/JPY will rise above the level of 121.60, which will point to a continuation of the euro the yen growth in the area above the level of 122.10.
Is expected to accelerate the fall of the euro, the yen is a pair of quotations from the breakdown of the support level 120.10.
EUR JPY Forecast Euro Yen on February 17, 2017 suggests an attempt to continue the fall of the euro the yen quotations within the beginning of the descending pattern forex 5-0 with a potential target of the fall to below 119.50 area.
