(93,55) The USD/YEN confirmed again a negative closing while remaining however still interior the range of the inside day with 94,55 – 92,25 still the levels to follow in the coming hours/ session. Only a break of the support confirmed by a daily closing will favour a drop toward the 90 level!! The indicators of the daily chart are still well below the line suggesting further consolidation/ correction. The indicators of the s/t charts are instead mixed this morning suggesting further consolidation. However only an hourly closing below 92,80 will however favour lower levels!! We expect a deeper correction toward the 91 area!!
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