Quotes of the dollar yen currency pair USD JPY continues to move in the formation of the bull wave Wolfe with the upside above level 117. In favor of a bounce from current levels appears forming a reversal pattern Forex failure swing on the indicator of relative strength.
Dollar Yen Forex Forecast USD JPY on February 7, 2017
Cancellation option price growth dollar yen pair will perform a local minimum breakdown field and drop a pair of quotes in the area below the level of 111.00.
Important news from Japan, which can affect the course of the pair USD/JPY, are not expected, so the pair will continue to move in the technical analysis of USD/JPY.
Dollar Yen Forex Forecast USD JPY on February 7, 2017 suggests an attempt to rebound and start growing as part of mining bullish forex model Wolfe waves with a potential target of growth above the level of 117.50.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
