Currency pair US Dollar to Japanese Yen USD/JPY continues to move within the framework of the rising forex model «5-0». We should not exclude the attempt to fall into the region of the lower boundary of the model and continue growth with the aim above the area of 114.50.
USD/JPY forecast Japanese Yen on May 26, 2017
The cancellation of the variant of the pair Yen Dollar pair growth will be the fall and the breakdown of the area of 109.50, which will indicate the continuation of the pair’s decline.
Among the important news from Japan, which can influence the rate of the Japanese Yen against the US dollar, it is worth highlighting: the Consumer Price Index.
USD/JPY forecast Japanese Yen on May 26, 2017 suggests an attempt to test the bottom of the upside of the forex pattern «5-0» and continue the growth of the USD/JPY pair’s quotations for the target above the area of 114.50, the breakdown of the region will be 109.50.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
