(128,80) The EUR/JPY formed as well a negative day reversal but only a daily closing tonight below 128,92 will confirm a s/t top suggesting a fir retest of the 125 area!! The indicators of the daily chart are still well positive but those of the s/t ones turned momentarily below the line supporting further consolidation/ correction. The cross is consolidating since some hours below the 200 hours line, now resistance at 128,98; while below this line we favour a direct extension of the decline. We stay on the sideline
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Future Trend Research