Quotes Dollar Yen currency pair USD JPY continues to move in the form of an inverted model of the forex head and shoulders, and at the moment there is a potential for a rebound from the current levels, and continued growth in the area of 114.45.
USD JPY Forecast Dollar Yen Forex on February 23, 2017
In favor of the growth of quotations pair Dollar Yen appears tight test the support line on the indicator of relative strength. Cancellation option of continued growth of quotations of the pair will drop and the breakdown of the area with a local minimum closing below 111.80.
Important news from Japan is expected tomorrow, so the pair will continue to move in the technical analysis of USD/JPY.
USD JPY Forecast Dollar Yen Forex on February 23, 2017 suggests an attempt to easy to start working out within the forex pivot model head and shoulders with the first target at 114.45.
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