10.04.2013
The U.S. dollar continues to rise against the yen, but the key level of 100.00 is still elusive in the European session. But taking into account the commitment of the new leadership of the Bank of Japan achieving the inflation target 2% in the next two years, a break of this key level of the U.S. dollar is only a matter of time.
Trade Recommendation: Buy the pair of breaking through the key level of 100.00 (in this case is better to use a buy-stop) with the first target 101.60.
Analyst Andrew Batensky
Grand Capital
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