According to analysts of Tokyo-Mitsubishi UFJ, the end of this year, the dollar may fall against the yen to a record minimum at 79.75. If the dollar this month on a monthly closing "significantly" below the 3-month moving average at 98.41, in 2009, the U.S. currency may fall to 19% against the yen. The Bank believes that in this case the pair confirm the medium-term down trend since June 2007. The signal will be clear if the pair falls below the moving average by 2-3 yen. While the dollar was unable to overcome the resistance levels at 101.41, 101.44 and 101.67. Now a pair traded at around 99.05.
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