Quotes of the dollar yen currency pair USD JPY continues to trade within the forex triangle patterns. To date, the quotation USD JPY once again tested the upper limit of the Triangle, suggesting a rebound and the dollar yen pair falling to below the level of 99.50.
USD JPY Forecast Yen Dollar Forex on August 26, 2016
Cancellation option will drop the pair breakdown triangle model up, which points to continued growth in the Yen in the area above the level of 102. Supplemental same signal in favor of the drop in prices USD JPY testing the descending trend line on the indicator of relative strength, which also points to the drop since the current levels .
USD JPY Forecast Yen Dollar Forex on August 26, 2016 assumes the lower limit of the sample model triangle and continued drop in prices pair within the limits of the mining model.
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