Quotes of the dollar yen currency pair USD JPY continues to fall inside the descending pattern with 5-0 potential target below 99.
USD JPY Forecast Dollar Yen on July 12, 2016
Cancellation option drop in prices USD JPY will be a strong growth of the dollar against the yen above the level of 103.50, it will point to a continuation of upward correction. An additional signal for the continuation of falling of pair USD JPY testing the descending trend line on the indicator of relative strength, which also suggests the dollar’s decline.
USD JPY Forecast Dollar Yen on July 12, 2016 indicates a continuation of the USD JPY falling within the descending pattern 5-0.
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