Quotations of the currency pair US Dollar to Japanese Yen USD/JPY test the resistance area near the level of 111.25. It is worth waiting for an attempt to fall into the area below the level of 110.40. In favor of the fall comes a rebound from the upper boundary of the Triangle model on the indicator of relative strength.
USD/JPY Forecast Japanese Yen on April 11, 2017
The cancellation of the variant of falling of the pair of Yen Dollar pair will be a breakdown of the region of 111.60, which will indicate the continued growth of the area above 113.05. Expect to accelerate the fall of the pair is with the breakdown of the lower boundary of the Triangle model on the indicator of relative strength.
Important news from Japan is not expected, so the pair will continue to move within the technical analysis of USD/JPY.
USD/JPY Forecast Japanese Yen on April 11, 2017 suggests an attempt to continue falling to the area below the level of 110.40 within the rebound from the upper bound of the Triangle model on the relative strength indicator, the abolition will be a breakdown of the area 111.60.
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