The EUR/JPY is still confirming further consolidation interior the inside day with 109,35 – 106,35 still the levels to follow in the coming hours. A break of the support will cause further weakness turning negative the indicators of the daily chart!
The indicators of the daily chart are still but those of the s/t ones are below the line this morning suggesting further consolidation/ correction. Since last night the cross is also below the 200 hours line, s/t resistance at 107,64 and while below this line we favour further weakness but only an hourly closing below 106,85 will confirm lower levels!!
While waiting for stronger signals we suggest following the inside day!!
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