08.07.2016 - Price of USD/JPY may rebound from 100.00
Price of USD/JPY showed increased volatility during which reached the important support level at 100.00 for the continuation of which is needed strong impetus. In this case, the target levels will be 99.00 and 97.60. On the other hand, a signal to change the current trend to the negative will be fixation beyond the descending channel. Our medium-term outlook remains positive, and the potential for further decline has reduced.