Quotes of the currency pair USD/JPY are trading within the limits of growth. At this point, expect a test level of 111.65 and continue the growth of the pair above the area of 114.00. In favor of the growth of the pair will perform a test of the support line on the indicator of relative strength index (RSI).
USD/JPY prediction & technical analysis on September 22, 2017
Cancellation of the growth option will be a fall and breakdown of the area of 110.50, indicating that the pair USD/JPY will continue to fall below the 109.50 level. Expect to accelerate growth is with the breakdown of level 112.80.
Important news from Japan, which may have an impact on the rate of the pair USD/JPY, is not expected, so the pair will continue to move in the technical analysis.
USD/JPY prediction & technical analysis on September 22, 2017 suggests an attempt to drop the Dollar/Yen pair quotations to the area of the lower border of the bullish channel near the level of 110.50, where we expect a rebound and continued growth of the pair, the breakdown of the 112.00 area will come, continued growth.