Analysis and forecast Dollar Yen USD/JPY on October 31, 2016


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Quotes of the dollar yen currency pair USD JPY continues to trade outside of the ascending channel. Even after the price breaks the upper border, we can talk about trying to continue the growth of quotations of dollar yen pair to above the level of 106 in the framework of mining punched bandwidth.

Analysis and forecast Dollar Yen USD/JPY on October 31, 2016

Analysis and forecast Dollar Yen USD/JPY on October 31, 2016

Cancellation option will be the growth of a drop in prices USD JPY The pair in the area below the level of 104.50, which will point to the continued decline to the level of the channel’s lower border in the area 101.

Analysis and forecast Dollar Yen USD/JPY on October 31, 2016 suggests an attempt to continue the growth of quotations USD/JPY in the area above the level of 106, the cancellation will drop and the breakdown field 104.50.


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