EUR JPY Forecast Euro Yen on September 13, 2016


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Euro Yen currency pair EUR JPY is trading at above 115. At the moment, there is a potential for a fall in the framework of the completion of the formation of topping models forex head and shoulders, but should wait for the formation of the assurance of the right shoulder pattern at 115.40, where you can try to sell the pair EUR JPY from Stoploss close.

EUR JPY Forecast Euro Yen on September 13, 2016

EUR JPY Forecast Euro Yen on September 13, 2016

The purpose of the fall is the area on the lower level of 114.00. Cancellation option will update the local maximum region 115.90. An additional benefit of the fall is the signal test the descending resistance line on the indicator of relative strength.

EUR JPY Forecast Euro Yen on September 13, 2016 suggests an attempt to fall within the mining forex reversal patterns with the potential target at levels below 114.00 areas.

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