USD JPY Forecast Dollar Yen on September 12, 2016


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Quotes Dollar Yen currency pair USD JPY contrary to expectations showed an upward correction. Currently retained potential for further growth of pair within quotation start working off the rising forex model 5-0.

USD JPY Forecast Dollar Yen on September 12, 2016

USD JPY Forecast Dollar Yen on September 12, 2016

Cancellation option will be a breakdown of the rising channel’s lower border and closing prices below 100.50, which indicates an area of continued fall in a local minimum. Also, do not rule out another attempt to test the lower boundary of the channel, where you can try to buy the USD JPY with a close stop loss, target of the growth is the area of the field at a level above 104.50.

USD JPY Forecast Dollar Yen on September 12, 2016 assumes the test area 101 and the beginning of growth within the mining bovine model 5-0.


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