Quotes Dollar Yen currency pair USD JPY continues to move in the form of forex model Triangle and at the moment the pair is testing the support area. We should expect the attempt to rebound from this level and the pair outside the model triangle that points to the continued growth of quotations pair Dollar Yen.
USD/JPY Forecast Yen Dollar on March 7, 2017
In favor of a growth in the push test rising trendline on the Relative Strength Indicator. In the case of the breakdown region 113.40 worth pressed reduction pair quotes at 112.65 area, where once again we can expect growth in an attempt to start mining within the ascending Forex model 5-0.
Important news from Japan is not expected, so the pair will continue to move in the technical analysis of USD/JPY.
USD/JPY Forecast Yen Dollar on March 7, 2017 suggests an attempt to rebound from the support and continued development of an upward trend for the pair to breakdown the upper boundary of the triangle model.
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