(129,70) The EUR/JPY confirmed last night another strong closing and even after having closing the gap up, at least the European one. Possible a retest of the 130,12 level with a direct extension of the move up toward our target. The indicators of the daily chart are well positive while those of the s/t ones are mixed this morning suggesting some more consolidation/ correction. In the s/t only an hourly closing above 128,40 will however support a deeper correction with the 200 hours line at 123,57 the attraction. It’s too high but the markets wants it up here.
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Future Trend Research