(125,18) The EUR/JPY failed to confirm another strong closing last night showing a negative one. However, while above 124,50 the cross will remain positive. The indicators of the daily chart are however still well negative but again showing potential positive reversals. The indicators of the s/t charts are instead still showing a mixed picture suggesting further consolidation/ correction. Only an hourly closing below 124,50 will postpone further strength favouring another test on the downside suggesting the formation a new s/t low! A move above 125,90 will resume the move up!
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Future Trend Research