Quotes of the dollar yen currency pair USD JPY will continue to move in line with expectations and at the moment quotes are testing the area of a local maximum. It is necessary to expect continuation of growth of quotations of dollar yen pair above the level of 107.50, but in the event of the fall is expected to test the breached border of the channel, and only then start the growth of quotations of the pair USD JPY.
Forex USD JPY Forecast Dollar Yen on November 11, 2016
Cancellation option will be the return of growth of pair of quotes inside the ascending channel that will indicate the continued decline in the area below the level of 103.
Forex USD JPY Forecast Dollar Yen on November 11, 2016 suggests an attempt to couple the growth of quotations in the area above the level of 107.50 in the framework of mining width punched channel.