Quotes of the dollar yen currency pair USD JPY continues to move in the forex bullish wave pattern Wolfe with a potential target of the above level 116. However, not cost reduction attempt to exclude from the current levels in the rebound from the downtrend line on the indicator of relative strength.
USD JPY Forecast of the dollar on February 14, 2017
The purpose of the fall can be a region at the level of 113.30. Cancellation option price growth dollar yen pair will drop in and sample the area for a local minimum.
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 14, 2017 suggests an attempt correction to 113.30 in the rebound from the resistance level and continue its growth due to mining bullish forex model Wolfe waves with a potential target of growth above the level of 116.
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