SEB sees risks of the further growth of dollar/yen

Liquidation of positions carry trades, observed a little earlier against falling of actions on Uoll Strit could not affect considerably dynamics of dollar/yen which, testing for itself the general restoration of dollar, has returned the positions lost earlier by these morning, and now bargains nearby from Y113.35, continuing to meet repulse of bears in the field of Y113.45/50. Currency strategists SEB notice, that, after achievement of a maximum around Y113.60 last Friday, pair movement developed within the limits of the range which has taken the form of the bull flag, and now when falling Y112.75 has drawn attention of buyers and the pair has risen above, bulls have chances to continue growth. In bank pay attention that having dug above Y113.49 becomes a positive signal and will confirm, that bulls remain on a way to the purpose of the turned head and shoulders around Y115.30. Dealers, meanwhile, remind of presence oferov in the field of Y113.60 and Y113.85/90. Bidy, in the meantime, remain in the field of Y112.75/70 with stops more low and with the further demand nearby Y112.50. Forexpf. Ru - Forex News / News Forex