As the currency analyst Mizuho, pair dollar / yen yesterday found at least at the level of 88.80, nearly reaching the February minimum of 88.55. The bank drew attention to the fact that the couple is not resold, and the momentum has not yet turned on the bear territory. Thus, the bank believes that during today's dollar / yen will consolidate above the level of 88.50. However, according to the Bank's strategy for next week couple will continue to decline and, eventually, will fall to a mark of 87.00. Within this goal the bank preferred to sell a couple of the best exchange rate, reinforcing the position at 90.00, with a stop above 90.55. At the moment pair dollar / yen is at around 89.25.
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