Analysis Ichimoku Kinko Hyo USD JPY on September 6, 2016


Dollar Yen currency pair USD/JPY is trading in the area of support between the two lines Senkou A and Senkou B, indicating a strong upward trend. Weak signal in favor of the purchase was obtained earlier and quotes pair successfully continued growth after strong break of Ichimoku Clouds indicator.

Analysis Ichimoku Kinko Hyo USD JPY on September 6, 2016

Analysis Ichimoku Kinko Hyo USD JPY on September 6, 2016

At the moment, we can expect a new attempt to increase in the dollar against the yen in the region at 104. Cancellation option could be a drop in prices below the level of 103, which indicates a potential test Clouds indicator, as a support area.


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