(128,10) The EUR/JPY formed a negative outside day with 130,05 – 127,40 the levels to follow in the coming hours. A daily closing below the support will favour a drop toward the 125 area!! The indicators of the daily chart are still below the line for now while those of the s/t ones are showing a mixed picture suggesting some consolidation/ correction. Only an hourly closing below 127,50 will support lower levels. Possible rebounds should find resistance at the 200 hours line at 128,53; while below this line we expect the scenery to remain negative!!
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