(100,35) The USD/YEN confirmed on Friday a weak closing below the support of the inside day at 100,55 as well as below the low of the key week reversal it formed the week before. With this closing we expect the DOLL/YEN to have formed a top for now suggesting lower levels!! The monthly closing was instead still strong well above the top of the previous month!! The indicators of the daily chart are still well negative but those of the weekly and monthly charts are still above the line while showing overbought conditions and potential negative reversals!!
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