Quotes of the dollar yen currency pair USD JPY continue to test resistance area at 104.50. Currently retained potential for further drop in prices pair Dollar Yen to below 101.
USD JPY FOREX forecast dollar exchange rate on October 27, 2016
Cancellation option will be a strong growth of quotations of USD/JPY above the level of 105, which indicates continued growth and an acceleration of the upward trend due to the breakdown of the rising channel top.
USD JPY FOREX forecast dollar exchange rate on October 27, 2016 suggests an attempt to fall in the rebound from the upper boundary of the rising channel in order to reduce at a level below the area 101; the cancellation will be the breakdown of the upper boundary of the channel, which will point to continued growth.
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