Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the fall. At this point, we should expect an attempt to test the support level near 110.80 and continue growing in the area above the level of 112.20.
USD/JPY prediction & technical analysis on November 28, 2017
In favor of the growth of USD/JPY, a breakdown of the resistance line will occur on the indicator of relative strength index (RSI). The cancellation of the growth variant of the Dollar/Yen pair will result in a drop and a breakdown at 110.30, which will indicate that the USD/JPY pair continues to fall on Forex. Expect to accelerate growth is with the breakdown of the level of 111.65.
USD/JPY prediction & technical analysis on November 28, 2017 involves trying to test the level of support and continuing growth in the area above 112.20, an additional signal in favor of the growth of the Dollar/Yen pair is the breakdown of the resistance line on the relative strength indicator (RSI).
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