Quotes Dollar Yen currency pair USD JPY continues to move in the completion of the forex inverted head and shoulders pattern. With the breakdown of the neckline should bear complete model and the continued growth of quotations couples in the area above the level of 118.00.
USD JPY Forecast Japanese Yen Forex on February 22, 2017
Cancellation option of growth of pair Dollar Yen will fall and breakdown below 111.80 area, which point to the abolition of the forex model and the continued development of the downward trend.
Important news from Japan is expected tomorrow, so the pair will continue to move in the technical analysis of USD/JPY.
USD JPY Forecast Japanese Yen Forex on February 22, 2017 suggests an attempt to continue the growth of quotations in the framework of start mining forex inverted head and shoulders pattern with a potential target of growth above the level of 118.00.
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