The USD/YEN confirmed a further strong closing above 78 suggesting further upside potential toward the resistance line at 78,80.
The indicators of the daily chart are well positive as well as those of the s/t ones supporting further strength.
Clear bearish divergences in the hourly chart support a positive tone.
Possible corrections should now find support already at 77,85 before the 200 hours line at 77,21.
We suggest waiting for a correction toward the 200 hours line to buy this dollar for a move up toward 78,80!!
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