Quotes of the dollar yen currency pair USD/JPY showed growth, but at the moment there is a potential for the formation of the descending pattern 5-0.
USD JPY Forecast Forex — June 8, 2016
However, to complete the model is expected to test the upper boundary of the descending channel at 108.50, where you can try new selling dollar yen currency pair with a stop above the level of 109.50. Cancellation option will increase in quotes and a strong break through the upper boundary of the channel. The purpose of the fall of USD JPY may be a region at a level below 105.
USD JPY Forecast Forex — June 8, 2016 the test involves the upper boundary of the descending pattern 5-0 and the continuation of the downward movement.
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