Quotes of the dollar yen currency pair USD JPY continues to move in the completion of the formation of a double bottom pattern forex, and a breakdown of the resistance level we can expect an attempt to accelerate the development of an upward trend with the potential upside target level above 117.
Forecast Forex Dollar Yen (USD/JPY) on 27 January 2017
In favor of a continuation of the growth of quotations pair Dollar Yen performs line break trend in the relative strength indicator, indicating a similar trend line sample on the chart with the above purpose 117.60 area.
Cancellation option price growth dollar yen pair will drop in and sample the area for a local minimum. Among the important news from Japan is to provide the consumer price index.
Forecast Forex Dollar Yen (USD/JPY) on 27 January 2017 suggests an attempt to continue the growth and breakdown resistance region is expected to start mining the forex reversal patterns.
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