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Forecast for USD / JPY for November 14, 2018

USD/JPY

The nature of trading for the yen yesterday was very similar to trading on Tuesday. After an amplitude trade of 30 points, the day closed near its opening. The trend line of Kruzenshtern on the four-hour chart is different. It pushed the price up twice as soon as the price touched it. The line of balance on the same scale was shown exactly the same way. The Marlin oscillator signal line is looking for balance in the neutral band, but the trend is rising and Marlin may accelerate in growth. The goal is the same which does for the resistance line of the price channel in the area of 114.93. ATP stock indices are trading mixed this morning, but the Japanese Nikkei225 added 0.25%. Tomorrow, strong retail sales figures in the October estimate (0.6%) may emerge in the US, which will strengthen the growth of stock markets and the yen along with them.

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The material has been provided by InstaForex Company - www.instaforex.com