According to analysts of RBS, while a pair of dollar / yen is kept below the top of the line a neck in a model of "head and shoulders", which is at around 96.73, there is the negative outlook. Now pair is at the level of 96.03. The following support for the strategy has put the pair at 90.50 and 89.20. Regarding the possibility of upward movement, bearish outlook would be denied only if the dollar / yen rises above the Fibonacci resistance at 98.49 and resistance trendline at 99.11.
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