(131,80) The EUR/JPY confirmed higher levels finding however resistance already below 132,50 where we find a possible resistance line, not one we usually like. Only a break above 132,75 confirmed by a daily closing will re-launch the move up of this cross aborting our scenery!! The indicators of the daily chart are still well positive but those of the weekly one remain below the line for now. The indicators of the s/t charts are already showing a mixed picture suggesting some consolidation. The tone is however positive, at least in the hourly chart suggesting a possible decline will be corrective. We still remain on the sideline.
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