(95,33) The USD/YEN confirmed another negative closing but it failed again to confirm the move below 95!! The indicators of the daily chart are still well negative suggesting further downside risk while those of the s/t ones are still showing a mixed picture also this morning suggesting further consolidation/ correction. While below the 200 hours line at 95,74 we still expect this dollar to move lower, scenery suggested also by a potential negative reversal suggesting a s/t target at 93,86!! A move above 96,00 will abort this scenery!!
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Future Trend Research