USD/JPY ANALYSIS

The USD/YEN did not confirm the small positive day reversal returning instead a little under some pressure suggesting a move toward the 77,10/00 support area.
The indicators of the daily chart are still in positive territory but those of the s/t ones are negative this morning supporting lower levels. In the s/t, still only an hourly closing above 77,91 will support higher levels suggesting a 78 overshooting. A break below 77,50 confirmed by an hourly closing will instead extend the corrective move toward the 77 area!
We keep staying on the sideline.

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FUTURE TREND RESEARCH