Forecast for USD / JPY on November 27, 2018

USD / JPY

The Japanese yen met our expectations, and the price began to implement the main scenario. On Monday, the yen entrenched above the Krusenstern trend line on the four-hour chart. As it was fixed above, the path to the linear trend line of the price channel with the target of 115.10 is now open. On a daily scale, the price went above the balance line and Krusenstern. The signal line of the Marlin oscillator moved to the growth zone (above the zero line).

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