(92,38) The USD/YEN formed yesterday a negative day reversal but only a daily closing tonight below 92,20 will confirm a s/t top favouring a decent correction. The indicators of the daily chart closed already below the line last night and also those of the s/t ones are negative supporting further weakness. In the hourly chart we have already potential positive reversals but only an hourly closing above 92,65 will re-launch the move up suggesting a new s/t target at 93,52!! only an hourly closing below 91,98 will instead postpone the resumption of the move up favouring a deeper correction with the 200 hours line at 91,28 the possible attraction!! We stay on the sideline but still favour lower levels!!!!
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Future Trend Research