Quotes of the dollar yen currency pair USD JPY continues to move in the formation of bullish forex Wolfe wave model with a potential target of the above level 115. In favor of a rebound from the lower boundary of the model performs a tight test of the support line on the indicator of relative strength.
USD JPY Forecast Forex Dollar Yen on February 9, 2017
Cancellation option price growth dollar yen pair will drop in and sample 111.00 area, which point to a continuation of the downward trend with a view to below 109. Expect faster growth of quotations of dollar yen pair is a breakdown of the level of 112.45.
Important news from Japan is not expected, so the pair will continue to move in the technical analysis of USD/JPY.
USD JPY Forecast Forex Dollar Yen on February 9, 2017 suggests an attempt to increase within the mining start rising pattern Wolfe waves in order to increase above the level of 115.00.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
