27.10.2015 - The Japanese yen has strengthened against the US dollar

The price of USD/JPY continued to fall and leveled strong growth at the end of last week. Despite the strong downward momentum, which may continue to 119.50, we expect the resumption of upward price movement. In this case, a confirmation of the signal to open new positions will be fixing the price above the important level of 121.50 and then growth of quotations will continue to 123,00 and 124,50. Our medium-term outlook remains positive.

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