(126,35)The EUR/JPY confirmed a relatively strong closing last night before however plunging this morning toward the neck line of the suggested S_H_S formation at 126,20. A daily closing below this level will support further weakness suggesting a move toward the 120 level if not even the 200 days line at 116,73, now the possible attraction!! The indicators of the daily chart are still well negative and this morning also those of the s/t ones are below the line supporting further weakness. Fresh bullish divergences confirm a negative tone supporting lower levels!! We expect lower levels
Read the full report: EURJPY 06.13
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