(92,55) The USD/YEN confirmed further consolidation interior 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 if not even 88!! The indicators of the daily chart are still well below the line suggesting further consolidation/ correction. The indicators of the s/t charts are also in negative territory supporting lower levels. Possible rebounds should find resistance at 92,80 before the 200 hours line at 93,31. We still expect a deeper correction, scenery confirmed also by a S_H_S formation with the neck line at 93,17!!
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Future Trend Research