(132,40) The EUR/JPY confirmed a positive closing failing yet to confirm Monday’s negative outside day with 132,75 – 130,90 still the levels to follow in the coming hours. Only a daily closing below 130,90 will support a deeper correction!! 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. We have a potential triple top in the RSI as well as in the s/t charts but only a break below 131,00 will confirm the pattern supporting lower levels. For the moment we follow the outside day waiting for stronger signals!! We stay on the sideline but still favour lower levels!!
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