(132,07) The EUR/JPY failed to confirm the previous day’s positive day reversal forming a negative one suggesting a retest of Friday’s low at 131,37; only a move below this last level will open the way for lower levels, scenery that we still favour!! The indicators of the daily chart are now again below the line and also those of the s/t ones are in negative territory supporting lower levels and this should mean a possible retest of the 131,40 area!! Only an hourly closing above 133,50 will support a resumption of the move up!! We stay on the sideline
Read the full report: EURJPY 10.02
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