has shown a lot of strength today and is likely to climb higher next week, towards the upper border of the channel. It seems also to be following an up fork
, so chances are first the median line
will be hit. The yen's weakness continues and the Swiss franc
got much stronger than at the end of the last week. Caution is necessary though, because the franc has become pretty overbought, may soon be running out of steam and lose its momentum. There's also a resistance level
at about 123.12 (marked by recurring swings highs and lows).
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