10.08.2015 - USD/JPY was not able to continue to grow

The price of USD/JPY after breaking through the lower boundary of the rising channel corrected upwards and in the near future may continue to rise to 125.00. The breaking and fixing of quotations above this level will be the basis for further rise to 128.00 and 130.00. In case of renewal of the negative dynamics of quotations will drop to 123.00 and consolidation below this mark will be the basis for further fall of prices with the objectives at 121.50 and 120.50. Our medium-term outlook remains positive, and we are waiting for the signal to open new positions.

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