USD/JPY: the market continues to correct recent ups 2012 established by 84.20 several days return and risks still exist additional difficulties in the region of 79, 00-80, 00 before considering a bullish recovery. Overall, our perspective is very constructive and we see the couple in the process of carving a basis in the long term of the next major upside extension in the region of 85 00-90, 00. Therefore, we would expect to see the formatting of low to medium-term costs higher over the next few days. Ultimately, only below 78.00 delays the prospects and gives reason to worry.
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