(131,95) The EUR/JPY still confirmed a strong closing above the top of the previous session but well off the highs of the day and however below the resistance of the negative outside day at 132,75! The indicators of the daily chart are still positive but a weak closing tonight could already turned them negative. The indicators of the s/t ones are instead already negative supporting further consolidation/ correction. An hourly closing below 131,98 will support further direct weakness suggesting a test even directly below 131!! We stay on the sideline but still favour lower levels!!
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