Quotes of the dollar yen currency pair USD JPY showed an increase, however, as part of the daily chart pair is very likely expected to fall to below the level of 103.50, where you can try to buy.
USD JPY Forecast Japanese Yen on July 19, 2016
Currently, a strong signal in favor of continuing the USD JPY quotes fall is the formation of reversal pattern Forex failure swing, indicating that the penetration of the nearest support level in the area below the level of 105.80. Cancellation option USD JPY falling of quotations will be strong growth in the dollar yen pair above the level of 107.50, which will lead to the cancellation of the formation of topping models forex head and shoulders.
USD JPY Forecast Japanese Yen on July 19, 2016 suggests an attempt to drop a pair of quotations within the mining model failure swing on the indicator of relative strength.
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