(101,62) The USD/YEN confirmed still a positive closing but it failed to extend much further its move up for now at least. Possible therefore for the coming hours a test of the gap up area 100,88 – 99,42. The indicators of the daily chart are still well positive while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. Only an hourly closing below 101,30 will however confirm lower levels! We stay on the sideline!
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