17.07.2015 - USD/JPY reached the strong resistance

The price of USD/JPY within the confident growth has reached the strong level of 124.25, but could not overcome it and at the moment keeps consolidating below this level. In case of breaking through 124.25, we expect further growth of quotations to 125.00 and 125.70. Within correction the price may fall to 123.00 and 122.50. We expect the price growth in the medium term to the level of 128.00.

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