Ichimoku Kinko Hyo forecast USD/JPY on February 27, 2017


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Dollar Yen currency pair USD/JPY is trading at 112.07. The pair was able to break through the lower boundary of Ichimoku Cloud and is currently retained potential for further soldering quotes within a pair of working out a weak signal in favor of the sales of USD/JPY.

Ichimoku Kinko Hyo forecast USD/JPY on February 27, 2017

Ichimoku Kinko Hyo forecast USD/JPY on February 27, 2017

Cancellation option of continuing drop in prices pair Dollar Yen will sample the upper limit of the Ichimoku Cloud and closing quotations of the pair above the 1113.60 area, which indicates the potential change of the trend in favor of the growth and continued development of an upward trend for the pair Dollar Yen. At the same time we should expect a tight test signal indicator lines and continuation of falling below the level of 111.60.


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