(128,90) The EUR/JPY formed a small negative day reversal while confirming another session of consolidation remaining interior the previous inside day with 129,95 – 127,75 still the levels to follow in the coming hours. A daily closing above 129,95 will probably resume the move up. The indicators of the daily chart are still well positive but those of the s/t ones turned all below the line supporting further weakness, or at least consolidation. Still, only an hourly closing below 127,85 will support lower levels suggesting a retest of the 125 area!! We stay on the sideline while following the inside day.
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