(133,45) The EUR/JPY confirmed a weak closing yesterday remaining however still interior the inside day with 135,10 – 132,20 still the levels to follow in the coming hours/ session. The indicators of the daily chart are still well positive but those of the s/t charts are below the line this morning suggesting further consolidation/ correction. While below 133,55 we expect an extension of the decline toward the 200 hours line at 132,95 where we find also a support line and from where one can expect a rebound. Despite some positive signals we prefer waiting a little longer before buying this cross!
Read the full report: EURJPY 09.24
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