(128,00) The EUR/JPY confirmed a positive closing last night but it failed to confirm the break above the resistance of the inside day at 128,75. While below 128,95 we expect a retest of the 127,00 level!! The indicators of the daily chart are below the line at the moment while those of the s/t ones are in negative territory supporting lower levels. In the hourly chart we have still a negative reversal suggesting a s/t target at 126,27!! Only an hourly closing above 129,00 will abort this scenery suggesting a retest of the 130 area!!
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