Quotes of the dollar yen currency pair USD JPY continued to fall, but at the moment quotes closer to the lower boundary of the rising pattern 5-0. The purpose of growth and refinement of this model is the area at the level of 106. Cancellation option couple of quotes growth dollar yen pair will drop in prices below the level of 101.50, which will point to a continuation of the fall.
We close our deal to sell the pair and is staying out of the market until the test the lower boundary of the channel, where we will try to buy the pair with the tight stop.
USD JPY Forex Forecast Dollar Yen on November 4, 2016 suggests an attempt to test the area of 102.70, and the beginning of growth within the mining bovine model 5-0.