20.04.2015 - The price of USD/JPY may resume the growth

The price of USD/JPY continues to decline gradually and reached the level of 118.50. In case of continuation of reduction and fixation of the price below the level of 118.50, quotes will continue to fall to 117.40, 117.00 and 116.00. Despite the current decline, there is a good chance of the price rebound from the support level at 118.50 and rise to 119.50, 121.00 and 122.00. We maintain our positive outlook for the medium-term and note and the possibility of opening long positions with a small stop.

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