(94,17) The USD/YEN is confirming further consolidation interior the inside day with 95,10 – 93,40 still the levels to follow in the coming hours. A daily closing of the support will favour further and more important weakness. The daily closing was positive last night, but nothing more!! The indicators of the daily chart are still well negative and now pointing toward lower level and this morning also those of the s/t ones are below the line supporting further weakness. Only a move above 94,91 confirmed by an hourly closing will postpone further weakness supporting a return above the 95 level!! We expect lower levels toward a s/t target at 93,17!!
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Future Trend Research