(125,80) EUR/YEN is confirming a nice rebound after the test of the 124,00 area. On the way down the cross formed bullish divergences suggesting a possible change of the tone to negative. This move up could therefore be corrective. We expect a test of the former support line, now resistance at 126,15 and while below this line we expect the decline to resume soon!! We suggest however waiting for further confirmations!!
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Future Trend Research