(123,80) The EUR/JPY formed a negative outside day reversal breaking below an important support line at 124,15 suggesting further weakness toward the 120,50 area! The indicators of the daily chart are still well negative supporting lower levels and this morning also those of the s/t ones are below the line supporting further weakness. We expect lower levels suggesting a test of the 122,90 level; a break below this support will confirm further direct weakness suggesting a target at 122,59!! We stay on the sideline.
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Future Trend Research