Quotes Dollar Yen currency pair USD JPY continues to move in the growth and at the moment quotes are testing the resistance line tight. There remains the potential for the breakdown of the area and continued growth in the region above the level of 118.
USD JPY Forecast Japanese Yen exchange rate on March 6, 2017
In favor of a continuation of the growth of quotations of dollar yen pair performs the breakdown of the resistance line on the indicator of the relative strength and a tight test of the line.
Cancellation option price growth pair USD/JPY will fall and breakdown area 111.90 that will point to the continued decline of quotations pair. Important news from Japan is not expected, so the pair will continue to move in the technical analysis of USD/JPY.
USD JPY Forecast Japanese Yen exchange rate on March 6, 2017 suggests an attempt to continue the growth of the pair to the breakdown of the resistance level 114.50, that will indicate a potential test area 118.00.
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