Forex Forecast for USD/JPY on 02.26.2016

USD/JPY Currency pair continues to be traded on the FOREX within the forecast for today. As you can see, the pair quotes went up and now there is a potential for development of the model failure swing on the indicator RSI, as well as for the formation of the model’s head and shoulders in order to reach higher level of 115.50. To complete the formation of the model you want to see a test level of 112.50, where you can try to buy the pair with the tight stop. Cancellation option will update the field local minimum.

forecast_usd_jpy

 

Thus, Forex Forecast Dollar Yen USD / JPY on 26 February 2016 suggests an attempt to continue the growth of quotations USD JPY in the framework of completion of work on the model failure swing

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