USD JPY Forecast Dollar Yen on July 15, 2016


Quotes of the dollar yen currency pair USD JPY continues to trade under the growth. At the moment, there is potential for further upward correction in the area above the level of 105.50 in the rebound from a broken support line on the indicator of relative strength.

USD JPY Forecast Dollar Yen on July 15, 2016

USD JPY Forecast Dollar Yen on July 15, 2016

Here we attempt to anticipate the formation of inverted head and shoulders pattern, which points to the continued growth of quotations USD JPY in the area above the level of 120.

USD JPY Forecast Dollar Yen on July 15, 2016 suggests an attempt to increase in the rebound from the support on the relative strength indicator with a potential target at 105.50.


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