Quotes currency pair Dollar Yen USD JPY continues to move in the downward movement, at the moment the values of the relative strength indicator tight test downward trend line, indicating the potential drop in prices dollar yen to below the level of 112.00, where is again expected to rebound and start the growth of quotations.
USD JPY Forecast Yen Dollar on February 16, 2017
Cancellation option couples fall camp strong growth and breakdown area 115.00 that will point to the continued growth of quotations couples in the area above the level of 116.00.
Important news from Japan is expected tomorrow, so the pair will continue to move in the Technical Analysis USD/JPY.
USD JPY Forecast Yen Dollar on February 16, 2017 suggests an attempt to fall below the level of 112.00 in the rebound from the downward trend line on the indicator of the relative strength Cancellation option will increase in quotes and sample 115.00 area.
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