Quotes of the dollar yen currency pair USD JPY continues to move in the forex bullish wave pattern Wolfe with a view to increase the level above 115.
In favor of a growth from current levels in favor of formation of topping models forex failure swing in the relative strength indicator, which indicates an area of 112.50 breakdown closing prices.
USD JPY Forecast of the dollar on February 10, 2017
Cancellation option of USD/JPY rise in share price will fall and breakdown area of a local minimum that point to continued decline.
Important news from Japan is not expected, so the pair will continue to move in the technical analysis of USD/JPY.
USD JPY Forecast of the dollar on February 10, 2017 suggests an attempt to increase within the mining bovine FX models with potential upside target level above 115.
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