Dollar Yen currency pair USD JPY is trading at 116.93. The pair also repelled by the lower boundary of the bands Bollinger Bands, suggesting an attempt to increase breakdown resistance area above the level of 118.50.
Analysis Bollinger Bands USD JPY on January 9, 2017 — January 13, 2017
Cancellation option will drop in prices pair Dollar Yen below the level of 113.00, which indicates the potential change of the trend in favor of reduction.
Expect faster growth of quotations is from closing above the level of 118.30, which points to the breakdown of the top bands of Bollinger Bands border.
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