Currency pair USD/JPY continues to trade in the forex near the level of 109.47. At the moment, there is the potential for the drop in prices, the yen the dollar to below the level of 108.40 in the framework of working out a reversal pattern failure swing.
USD JPY Forecast FOREX – May 18, 2016
We are trying to sell the currency pair USD JPY tight stop with the development of the fall ready to increase the volume of sales. Cancellation option of reduction of quotations USD JPY will be the growth of the dollar yen pair in FOREX above the level of 109.90. Thus, USD JPY Forecast FOREX – May 18, 2016 involves attempts fall within the mining model failure swing on the indicator of relative strength for the purpose at the level of 108.40.