Quotes Dollar Yen currency pair USD JPY continues to move in the expectation and our USD/JPY forecast for each day. currently the pair tested the lower boundary of the bovine forex wave pattern Wolfe, indicating a potential rebound and continued growth of quotations of the dollar yen pair to above the level of 114.00.
USD JPY forecast dollar yen on February 27, 2017
In favor of a longer growth from current levels of support shall take the field test on the indicator of relative strength. Cancellation option will drop the pair growth and breakdown area 111.80 that will point to the continued decline in the region below the 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 dollar yen on February 27, 2017 suggests an attempt to couple the growth of quotations within the mining start rising forex model Wolfe waves with a potential target of growth above the level of 114.00.
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