USD JPY Forecast dollar yen on February 1, 2017


Quotes Dollar Yen currency pair USD JPY continues to decline in the development of a downward correction, at the moment quotes are testing the support area and has the potential for a rebound and began growing in the area above the level of 115.50.

USD JPY Forecast dollar yen on February 1, 2017

In favor of the version of the growth is the support area of the test on the display relative strength. Cancellation option will sample 111.80 area, which point to continued decline to the level of 110.

Important news from Japan is expected tomorrow, so the pair will continue to move in the Technical Analysis USD JPY.

USD JPY Forecast dollar yen on February 1, 2017

USD JPY Forecast dollar yen on February 1, 2017 suggests an attempt to rebound from the support area to the nearest upside target at 115.50, cancels ovarian will seal the quotations below 111.80.


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