USD/JPY: The pair is above closing level of the “Black Friday”. Technical analysis for 12.07.2016

Forex analytics: Review and dynamics At the end of last week the price has reached the lows of 2013-2014 at the level of 100.60. However, since the beginning of this week the pair has grown by 240 points. The rise in the pair is supported by positive US labor market data for June, released last Friday and promises by Japanese Prime-Minister to introduce decisive stimulus measures to fight against deflation and ...