Currency pair USD JPY failed to show a reversal from the resistance level at 105.50 hammered the area of the current trading week. However, the resistance of the downlink test the relative strength indicator is still relevant, indicating the potential continuation of the fall from these levels to below 103.
USD JPY forecast for the week of July 25, 2016 — July 29, 2016
Cancellation option drop in prices USD JPY on the current trading week will break through the trend line on the indicator of relative strength, which points to continued growth The dollar against the yen in the area above the level of 109.
USD JPY forecast for the week of July 25, 2016 — July 29, 2016 suggests an attempt to fall in the rebound from the trend line on the indicator RSI, with a view to a potential fall in the level of 103.
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