Quotes of the currency pair USD/JPY are trading within the limits of growth. At this point, you should expect a rebound and a fall in the pair’s quotations in the area below the level of 108.95. Whence again it is necessary to expect the continuation of the pair’s growth of the Dollar/Yen above the level of 112.00.
USD/JPY forecast Dollar Yen on September 19, 2017
In favor of the fall of the pair is the resistance area test on the relative strength indicator (RSI). The cancellation of the fall option will be a strong growth and breakdown of the area of 112.00, which will indicate the continued growth of the pair USD/JPY at Forex above the level of 112.90.
Important news from Japan, which may have an impact on the rate of the Dollar/Yen pair, is not expected therefore the pair will continue to move within the technical analysis of USD/JPY.
USD/JPY forecast Dollar Yen on September 19, 2017 suggests a rebound from the resistance level and lowering the quotes of the Dollar/Yen pair below the area of 108.95, the breakdown of the 112.00 area will come out, indicating that growth will continue.
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