Quotes of the dollar yen currency pair USD JPY finished the trading week on the area support a rebound near the level of 117. At this point saved canceled for the continuation of an upward trend with the potential upside target above the level of 121.75. In favor of a continuation of the rising trend in favor tight test the rising support line on the indicator of relative strength.
USD JPY Forecast Dollar on January 9, 2017 — January 13, 2017
Cancellation option fall camp Yen currency pair quotes dollar at the next trading week of the rising channel’s lower border and close below the 114.50 area, which point to a continuation of the fall to below the level of 110 is expected to accelerate the growth of quotations of USD JPY is a breakdown field of a local maximum.
Among the important news from Japan on the next trading week, which may have an impact on the Japanese yen stands out, the consumer confidence indicator 10 January 2017, as well as the index of leading economic indicators January 11, 2017.
USD JPY Forecast Dollar on January 9, 2017 — January 13, 2017 suggests an attempt to continue its growth within the mining bullish forex model 1:1 with a view to a potential rise above the level of 121.75, the cancellation will fall below the level of 114.50.
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