Quotes of the dollar yen currency pair USD JPY will continue to rise, but the potential to fall within the scope of working out the model failed to display relative strength is maintained. The purpose of reduction of quotations USD JPY is the area on the level below 105.
USD JPY Forecast Japanese Yen exchange rate on 21.07.2016
Cancellation option falling dollar yen pair will be a strong growth of quotations and penetration level of 107, which will lead to the abolition of the potential for the formation of an inverted head and shoulders pattern with the right shoulder to below 103.
USD JPY Forecast Japanese Yen exchange rate on 21.07.2016 involves an attempt to pair falling within the mining reversal pattern on the display relative strength with a view to the potential at a level below the area 105.
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