02.08.2016 - Quotations of USD/JPY according to our forecasts will drop to 100.00

Price of USD/JPY continued to decline after some consolidation around the level of 102.50. It is worth noting that quotes fixed beyond the local descending channel, which gives reason to expect a continuation of negative dynamics to the nearest support level at 100.00 in the near future. Despite the probable continuation of negative dynamics in the near future, our medium-term outlook remains positive with growth potential by 10-15%.

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