02.07.2015 - Growth of USD/JPY may continue to 124,00

The price of USD/JPY continued its steady growth after breaking through the inclined line of resistance and unsuccessful attempt of fixing the price below the level of 122.50. According to our estimates, quotations will reach the levels 124,00-124,25 in the near future. Overcoming this mark will be the basis for further growth to 125.00 and 125.70. Our medium-term outlook remains positive, and we expect continued growth in the near future.

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