Quotes of the dollar yen currency pair USD JPY continues to move in the formation of bullish forex wave pattern Wolfe with a potential target price growth at the level of the pair above the 118.50 area. In favor of a pair Dollar Yen rebound testing the support line on the indicator of relative strength.
USD JPY Forex Dollar Yen on January 19, 2017
Cancellation option couple of quotes growth will drop and the breakdown of the area of a local minimum. We try to buy the pair USD/JPY with a tight stop and are ready to increase the amount of long positions as of the growth of quotations.
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 19, 2017 suggests an attempt to rebound from the lower boundary of the rising pattern Wolfe waves with a potential target of growth above the level of 118.50, the cancellation option will break-down region of the minimum.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
