The EUR/JPY confirmed a weak closing reversing the previous day performance and suggesting a possible extension of the decline toward the 102,40 area if not even a retest of the low at 100,76!!
The indicators of the daily chart are still well negative and this morning also those of the s/t ones are below the line supporting lower levels. New bullish divergences still support a negative tone.
The drop aborted the suggested reversed complex S_H_S formation re-launching the decline.
We remain on the side line still waiting for stronger signals!!
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