USD JPY rate outlook Dollar against the Yen on November 17, 2016


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Currency pair USD JPY USD JPY Forex continued to develop growth within a strong bullish trend. At the moment, saved the potential for continued growth USD/JPY in the area above the level of 110.

USD JPY rate outlook Dollar against the Yen on November 17, 2016

USD JPY rate outlook Dollar against the Yen on November 17, 2016

It is necessary to expect a tight test of the rising channel’s lower border, where you can try to buy the dollar yen pair with a close stop. Cancellation option will be a breakdown of the channel’s lower border and a drop in prices pair below 108.50.

USD JPY rate outlook Dollar against the Yen on November 17, 2016 suggests an attempt to continue its growth in the rebound from the bottom of the channel in order to increase above the level of 110.

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