Quotes Dollar Yen currency pair USD JPY continues to move in the bullish trend with a potential upside target above the 119.00 area. Cancellation option price growth the dollar yen pair will be the breakdown of the rising channel’s lower border and closing prices below support area at 115.60.
USD JPY Forecast of the dollar on January 4, 2017
In favor of a growth will make the formation of topping models forex head and shoulders on the indicator of relative strength.
Is expected to accelerate growth of the pair is a breakdown field of a local maximum. Important news from Japan is expected tomorrow, so the pair will continue to move in the Technical Analysis USD JPY.
USD JPY Forecast of the dollar on January 4, 2017 suggests an attempt to continue its growth in the region 119 in the rebound from the rising channel’s lower border, the cancellation will be the breakdown of the lower limit and falling to 115.60.
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