(99,65) The USD/YEN confirmed a strong closing aborting the small negative day reversal it formed the day before. The move up failed yet to confirm the 100 level overshooting but it’s probably question of time! while above 98,60 on an hourly closing we expect further strength! The indicators of the daily chart are still well positive while those of the s/t ones are still showing a mixed picture suggesting some consolidation/ correction. Only an hourly closing below 99,30 will favour a correction suggesting a retest of the 98,60 area!! A break above 100 will confirm a s/t targedt at 102,03!! While above 98,60 the trend is still up suggesting a 100 overshooting!!
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