USD JPY Forecast Dollar Yen on December 7, 2016


Quotes of the dollar yen currency pair USD JPY continues to move in the uplink. However, at the moment there is a potential for the development of correction within the mining reversal forex head and shoulders pattern, accelerating the fall should not expect a breakdown field 112.80.

USD JPY Forecast Dollar Yen on December 7, 2016

USD JPY Forecast Dollar Yen on December 7, 2016

Cancellation option downs and testing of Forex reversal pattern will be a strong growth of quotations pair Dollar Yen 115.50 and a break area that will point to a continuation of an upward trend for the pair. Important news from Japan is expected tomorrow, so the pair will continue to move in the technical analysis.

USD JPY Forecast Dollar Yen on December 7, 2016 suggests an attempt to fall below the level of 112 in the framework of working out a reversal pattern head and shoulders.


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