(100,77) The EUR/JPY confirmed a further session of consolidation interior the inside day with 100,85 – 99,15 still the levels to follow. While above the 200 hours line at 100,53 we expect this cross to confirm a 101 overshooting!! The indicators of the daily chart are still well positive and also those of the s/t ones are positive this morning supporting higher levels. An hourly closing above 100,90 will support the resumption of the move up definitively aborting the small negative reversal the cross was still showing up in the hourly chart. We remain on the sideline following the inside day.
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FUTURE TREND RESEARCH