Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move within the correction. At the moment, we should expect an attempt to continue growth and rebound from the lower boundary of the rising channel.
USD/JPY forecast & technical analysis on July 17, 2017
In favor of the growth of the pair of Dollar/Yen pairs, the support line test is on the indicator of relative strength index (RSI).\
Important news from Japan is not expected, so the pair will continue to move in the technical analysis USD/JPY.
USD/JPY forecast & technical analysis on July 17, 2017 suggests a rebound from the lower border of the rising channel with a potential growth target above 115.00, a breakdown of the 112.00 level breakout, which indicates the continuation of the decline below the level of 111.50.
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