(98,95) The USD/YEN confirmed a weak closing below the low of the previous session but overall this dollar is still well bid. While above 98,65 on an hourly closing we expect further strength!! The indicators of the daily chart are however still below the line for now while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. In the hourly chart we have still potential positive reversals supporting a possible target at 100,04!! An hourly closing above 99,20 will support the move up!! We stay on the sideline!
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Future Trend