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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China Crude Oil Imports Accelerate In November
MNI BRIEF: RBA Holds, Notes Declining Inflation Risk
MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday
Pullback Extends
- RES 4: 146.74 High Dec 30 2014
- RES 3: 145.58 High Dec 31 2014
- RES 2: 145.00 Round number resistance
- RES 1: 144.25/58 High Jun 8 / 0.764 proj of Mar 7 - 28 - Apr 5 swing
- PRICE: 140.00 @ 16:26 BST Jun 13
- SUP 1: 139.39 Low Jun 13
- SUP 2: 139.33 1.0% 10-dma envelope
- SUP 3: 139.15 20-day EMA
- SUP 4: 138.32 High May 9
EURJPY remains below last week’s high of 144.25 on Jun 8. The recent pullback is considered corrective. The latest rally above 140.00 confirmed a resumption of the uptrend that started Mar 7. Moving average studies also point north, reinforcing current conditions and signalling scope for a continuation higher. The focus is on 144.58 next, a Fibonacci projection and 145.00 is also within range. Firm short-term support is seen at 140.00.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.