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Forecast for USD / JPY on November 12, 2018

USD / JPY

On Monday morning, the yen is near Thursday close. small Friday decline today in the Asian session is almost played. The situation continues to rise steadily with the goal of 114.90 - the trend line of the price channel. Today, Japan's producer price index for October showed a slight decrease from 3.0% y / y to 2.9% y / y. However, the forecast was weaker than 2.8% y / y. All ATP stock indices are growing like how the Japanese Nikkei225 index adds 0.15%.

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