(95,24) The USD/YEN confirmed even a strong closing last night but overall it is still consolidating interior the inside day with 96,20 – 93,65 still the levels to follow in the coming hours. Only a break below 93,65 will support an extension of the correction toward the 200 days line at 89,67!! The indicators of the daily chart are still well negative close to the oversold area while showing a potential positive reversals. The indicators of the s/t charts are instead mixed this morning after having extended their move up close to the overbought area while showing also potential negative reversals.
Read the full report: USDJPY 06.19
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