05.11.2015 - Price of USD/JPY will likely continue to rise

Price of USD/JPY continues to grow within the upward movement and was able to break through the level of 121.50, which is a signal for opening long positions with the closest target levels at 123.00 and 124.50. The fall is limited by the lower boundary of the rising channel and support at 121.00. The probability of continued growth in the near future is high and we recommend to open long positions.

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