09.05.2016 - Price of USD/JPY broke through 108.00 and will probably continue to grow

Price of USD/JPY after a rebound from the level of 105.50, was able to overcome and to gain a foothold above the level of 106.60. As a result quotations continued to rise and were able to overcome the level of 108.00 and consolidation above it will be the basis for the continuing rising dynamics of price to 109.75 and 111.00. The fall of quotations in the near future is limited by the levels 105,00-105,50 and we maintain our medium-term positive outlook.

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