(98,18) The USD/YEN confirmed a strong closing last night above the top of the previous session confirming therefore Friday’s positive day reversal. Possible further strength toward 100, move that we still believe to be corrective and a selling opportunity if not already short for a retest of the 95 area! The indicators of the daily chart are still well negative suggesting further consolidation/ correction. However, in the hourly chart we have already a negative reversal suggesting a target at 94,12!! A break below 97,70 will support already further weakness. We stay on the sideline
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