(101,35) The USD/YEN confirmed a weak closing last night well below the low of the previous session; a possible closing tonight below 100,83 will confirm a s/t top for the dollar suggesting lower levels, helping to close the gap up area Europe is still running (100,88 – 99,42)!! The indicators of the daily chart are turning below the line and also those of the s/t ones remain below the line supporting further weakness. We expect a possible extension of the correction toward the support line at 100,50!! Only an hourly closing above 102,60 will postpone further weakness probably resuming the move up suggesting a new target at 105,11!! A break below 100,80 will extend the correction suggesting a 100,00 undershooting!
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