(98,73) The USD/YEN formed a positive day reversal but only a daily closing tonight above 99,17 will support higher levels. While below we expect further weakness. The indicators of the daily chart are still well below the line and this morning also those of the s/t ones are in negative territory supporting further weakness with the 200 hours line at 98,31 the possible attraction. Only an hourly closing above 99,05 will resume the move up confirming also a positive reversal suggesting a s/t target at 100,62!! We stay on the sideline!
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Future Trend