Currency pair USD JPY Forex continues to test resistance area. At the moment, there is potential for development in the region fall below the level of 106.
FOREX USD JPY forecast — May 25, 2016
As you can see, reversal pattern forming head and shoulders to reduce it at 106. Cancellation option can become a strong growth of quotations USD JPY above 110.80 levels. An additional signal in favor of the fall is the completion of the model failure swing in the relative strength indicator, which also involves the fall. FOREX USD JPY forecast — May 25, 2016 indicates a fall in the pair of quotes in the region below 106 as part of completion of work on the model head and shoulders.
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