(132,12) The EUR/JPY confirmed as well a positive closing failing however to extend much further its move up. Still open the gap up area, 131,57 – 130,43 that we expect however to be tested shortly! The indicators of the daily chart are still well positive while those of the s/t ones are showing a mixed picture suggesting some consolidation/ correction. While below 132,45 on an hourly closing we expect another test on the downside with a possible test of the gap up area before eventually moving higher. Only an hourly closing below 131,55 will however support lower levels!!
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