(102,50) The USD/YEN confirmed a positive closing failing therefore to confirm Monday’s negative outside day, at least for now. We have 103,50 – 101,90 still the levels to follow in the coming hours. Only a break of the support confirmed by a daily closing will favour further weakness!! The indicators of the daily chart are still well positive while those of the s/t ones are mixed supporting further consolidation. While below 102,90 on an hourly closing we do still favour a little lower levels but only a break below 102,00 confirmed by an hourly closing will support a decline!
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