EUR JPY Forecast FOREX Euro Yen on September 1, 2016


Euro Yen currency pair EUR JPY is trading at 114.97, currently has the potential to start a pair of quotes fall within the descending pattern Wolfe waves.

EUR JPY Forecast FOREX Euro Yen on September 1, 2016

EUR JPY Forecast FOREX Euro Yen on September 1, 2016

The purpose of the fall is the area on the lower level of 113.90. An additional signal to the fall of quotations EUR JPY forex advocates the formation of topping model head and shoulders, which also points to the drop since the current levels. Cancellation option also become a strong growth of quotations EUR JPY above 115.60 levels that indicate a likely continuation of the growth of the euro against the yen.

EUR JPY Forecast FOREX Euro Yen on September 1, 2016 assumes the fall of quotations attempt to start mining within a bearish pattern Wolfe waves for the purpose at the level of 113.90.


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