17.12.2015 - Price of USD/JPY sharply corrected upwards

The price of USD/JPY after several unsuccessful attempts of breaking the support level at 120.50, started to correct upwards. As a result, quotes have overcome the levels 121.50 and 122.30. Currently quotes are near the lower limit of the corridor 122,30-123,50 and can continue to grow within it. Our medium-term outlook remains positive, and we expect further growth of quotations to 124.50 and 125.70.

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