(99,77) The USD/YEN confirmed the expected correction that favoured the closing of the gap up area formed some time ago on the break above 100. The closing was weak but the dollar is still well above the important support line, now found at 98,57, line that could be tested!! The indicators of the daily chart are still well negative as well as those of the 4h one suggesting further downside pressure. Only the indicators of the hourly chart already returned above the line supporting the rebound. We expect good resistance just above 100 toward 100,50. We wait for a test of the support line that we are going to buy.
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