The USD/YEN confirmed a strong closing on Friday above the resistance of the inside day suggesting further upside potential. The weekly closing was also strong above the top of the previous week!!
The indicators of the daily chart are well positive as well as those of the weekly one. The indicators of the s/t charts are also positive supporting higher levels. Further bearish divergences formed on Friday support the positive tone. Possible correction are therefore corrective and buying opportunities, especially close to the 200 hours line at 77,09!!
We wait for a possible drop to buy this dollar!!
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FUTURE TREND RESEARCH