USD JPY forecast dollar exchange rate on February 6, 2017


Quotes of the dollar yen currency pair USD JPY continues to move in the bullish wave pattern Wolfe. At the moment the pair is trying to make a start, but do not rule out an attempt to correct further down, and only then to continue the growth of quotations 114.60.

USD JPY forecast dollar exchange rate on February 6, 2017

Cancellation option will drop the pair quotes in a region below the local minimum. Expect faster growth USD/JPY quote is a breakdown of the level of 144.00. We try aggressive buying a pair, and are ready to increase the volume of purchases by the growth of quotations of USD/JPY.

USD JPY forecast dollar exchange rate on February 6, 2017

Among the important news from Japan, which can affect the course of the pair USD/JPY, is to provide, to modify pay level.

USD JPY forecast dollar exchange rate on February 6, 2017 suggests an attempt to increase within the forex bullish wave pattern Wolfe with a potential target of growth above the level of 114.60.


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