Quotes of the dollar yen currency pair USD JPY traded down, and at the moment already has broken through the support line of the display relative strength, which implies a continuation of falling and test 102.80 area closing prices. Cancellation option will be a strong growth of quotations of dollar yen higher than 104, which points to continued growth in higher than 105.
USD JPY Forex forecast Dollar Yen on October 20, 2016
We continue to keep selling the pair with the tight stop, but not ready to increase the volume of sales.
USD JPY Forex forecast Dollar Yen on October 20, 2016 suggests an attempt to fall to 102.80 within the mining model failure swing on the indicator of relative strength.
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