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.:: 17.02.2017

Forex forecast for 17 February 2017.
 

USD/JPY

Pair didn't hold level 113.9 and moved down. Strong Yen raising will continue till 112.5, where buy orders will be actual, but better to wait for reversal model or pattern which will give signal to buy.

You can view the enlarged chart here.

AUD/USD

Australian dollar looks very strong, despite decline in chinese and New Zeland datas. Rising up more than 500 points without any correction make future corrections more possible. Pair is traded near strong resistance 0.77, which have never broked within last year. We should expect strong correction and sell pair, but better to do it after pair move under trandline.

You can view the enlarged chart here.

You can view the enlarged chart here.

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