Quotes of the dollar yen currency pair USD JPY continues to trade within the scope of reversal pattern failed to display relative strength. Testing of this signal involves penetration level of 104.80 closing price.
Forex forecast Japanese Yen USD JPY on July 26, 2016
As you can see, the value of the indicator has broken through the support line, which indicates a high probability of falling quotations USD JPY in the area below the level of 104.80 in the near future. Cancellation option continuation of falling of pair dollar, the yen will be a strong growth of quotations of the pair above the level of 107, which points to continued growth.
Forex forecast Japanese Yen USD JPY on July 26, 2016 suggests an attempt to fall within the framework of the continuation of mining the forex reversal patterns failure swing on the indicator of relative strength.
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