Quotes of the currency pair USD/JPY are trading within the limits of the decline. At the moment, we should expect a test of the broken channel border near the level of 112.90, and further continue the fall into the area below the level of 110.40. In favor of the growth of the pair, a bearish trendline test will perform on the relative strength indicator (RSI).
USD/JPY prediction & technical analysis on October 13, 2017
The cancellation of the fall variant of the Dollar/Yen pair will result in a strong growth and breakdown at the level of 113.60, which will indicate the continued growth of the pair USD/JPY on Forex. Expect the acceleration of the fall is with the breakdown of the level of 111.85.
USD/JPY prediction & technical analysis on October 13, 2017 involves an attempt at the level 112.90 test, where again we should expect the pair to continue falling below the level of 110.40, an additional signal will be a test of the trend line on the indicator of relative strength index (RSI).
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