FX.co ★ Forecast for USD / JPY pair on December 3, 2018

USD / JPY pair

The yen securely consolidated its position above the indicator lines of the daily timeframe. Stock indices on Monday are taking off thanks to the trade and Jinping trade arrangements. Data shows China A50 at 2.84%, IDX Composite at 1.31%, and Nikkei 225 at 1.32%. We are waiting for the growth of the yen to its previous goal with the resistance of the trend line of the price channel in the region of 115.15.