USD JPY Forecast Dollar Yen on November 22, 2016


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Currency pair USD JPY USD JPY Forex continues to consolidate near the level of 111. Currently, there are risks of falling within the beginning of working out a reversal pattern Forex Double Top on the indicator of relative strength.

USD JPY Forecast Dollar Yen on November 22, 2016

USD JPY Forecast Dollar Yen on November 22, 2016

The purpose of the fall of quotations of dollar yen pair is the area on the level below 109, but do not attempt to exclude the continuation of decrease in pair of quotes to below 105.

USD JPY Forecast Dollar Yen on November 22, 2016 suggests an attempt to fall within the framework of working out a reversal pattern on the display relative strength, cancellation scenario will be a strong growth and the breakdown of the upper boundary of the rising channel.

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