USD JPY Forex Dollar Yen on January 18, 2017


Quotes of the dollar yen currency pair USD JPY continues to move in the formation of bullish wave pattern Wolfe and capacity to rebound and start the growth of quotations at the moment is stored. The purpose of growth is the area at a level above 118.

USD JPY Forex Dollar Yen on January 18, 2017

Quotes tight test suites-region area and the breakdown region 112.40 points to complete abolition of the model. In favor of a rebound testing the support line on the indicator of relative strength.

USD JPY Forex Dollar Yen on January 18, 2017

Expect faster growth is a breakdown field 113.70. Important news from Japan is expected tomorrow, so the pair will continue to move in the technical analysis of USD/JPY.

USD JPY Forex Dollar Yen on January 18, 2017 suggests an attempt to rebound from the field formations zone Wolfe waves with a potential target of growth above the level of 118.


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