(126,77) The EUR/JPY formed a new negative day reversal but only a daily closing below 125,90 will confirm a s/t top favouring a deeper correction suggesting a retest of the 124 area!! The indicators of the daily chart are however still above the line remaining well bid; those of the s/t ones are mixed at the moment suggesting some consolidation/ correction. Only an hourly closing below 125,90 will resume a deeper correction with the 200 hours line at 124,59 now the first attraction. We stay on the sideline.
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Future Trend Research