USD/JPY Technical Analysis

(90,71) The USD/YEN formed a small negative day reversal but only a daily closing tonight below 90,56 will confirm a s/t top suggesting a deeper correction. The indicators of the daily chart are still in negative territory but those of the s/t ones are still mixed suggesting further consolidation/ correction. While below 91,10 on an hourly closing we favour a deeper correction with the 200 hours line at 89,79 the attraction!! We stay short and confident!

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