(96,00) The USD/YEN is still confirming further consolidation interior the negative outside day with 96,80 – 95,50 still the levels to follow. Only a daily closing below 95,50 will support a return toward 94,50 if not even directly lower. The indicators of the daily chart are still in positive territory while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. While below 96,30 on an hourly closing we may see another possible test on the downside with the 200 hours line at 94,91 the possible attraction. A move above 96,30 will support a s/t target at 98,60!! We stay on the sideline!
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