(99,37) The USD/YEN is confirming some consolidation below 99,75 since yesterday however while remaining still well bid. Only a daily closing above 99,90 will support further strength!! The indicators of the daily chart are still above the line for now but those of the s/t ones are well mixed this morning supporting further consolidation/ correction. While below 99,80 on an hourly closing we expect a return of this dollar toward the 200 hours line, this morning found at 98,63!! An hourly closing below 99,20 will support lower levels!! We stay on the sideline!
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