(131,97) The EUR/JPY confirmed another strong closing on Friday keeping the gap up area, 131,57 – 130,43, still open, even if the EUR/DOLL dropped below 1,30!! The weekly closing was of course also strong. The indicators of the daily chart are still well positive as well as those of the weekly one that remain overbought forming bearish divergences and showing potential negative reversals!! The indicators of the s/t charts are instead mixed this morning suggesting some consolidation/ correction. We expect in the coming sessions a return toward the 200 hours line, now found at 129,82!! We stay short!!
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