Already this year, the dollar may fall to record low of 79.75 against the yen, said Masashi Hashimoto, a currency strategist in Tokyo Bank of Tokyo-Mitsubishi UFJ Ltd, referring to the results of technical analysis.

The U.S. currency may weaken to 19% against the yen, if this month will be able to shut down "significantly" below the 3-month moving average of 98.41, believes Hashimoto. Meanwhile, the dollar failed to gain a foothold above resistance at 101.41, 101.44 and 101.67, the analyst added.

Mid-term downtrend, which lasted from June of 2007, could be confirmed following the closure of 3-month moving average - says Hashimoto. Ideally, if the fall will be on the scale of 2 or 3 pieces - it will be

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