18.05.2016 - We expect a strong price movement of USD/JPY

Price of USD/JPY is consolidating between the inclined line of support and resistance at 109.75. In case of overcoming and fixing the price above the level of 109.75, quotations will continue to rise to 111.00 and 112.15. The breaking of the inclined support line will lead to a further price fall to 108.00 and 106.60. Our medium-term outlook remains positive, and we expect the volatility growth in the near future.

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