10.11.2015 - We forecast the growth of USD/JPY to 124.50

Price of USD/JPY dropped to the important support level at 123.00 and is consolidating above it. Overcoming this mark is the basis for the continuation of the upward movement of the price to the first target at 124.50, after which growth is possible to 125.40 and 127.00. Fall of is limited by the strong support level at 121.50 and the lower boundary of the rising channel. We recommend holdsing long positions and maintain the medium-term positive outlook.

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