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POLAND

WIG20 Index Approaching 100DMA Support

US EURODLR OPTIONS

Conditional Bear Curve Flattener

GILT PAOF RESULTS

GBP624.998mln of the 0.50% Jan-29 gilt sold

DATA REACT

US Empire Mfg Conditions Slide In Jan

MARKET INSIGHT

US: What to Watch

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Bounce needs to hold: *RES 3:........>

EURO-YEN TECHS
EURO-YEN TECHS: Bounce needs to hold:
*RES 3: 120.01 High Sep 13 and the bull trigger
*RES 2: 119.19 Channel resistance drawn off Apr 17 high
*RES 1: 118.56 High Sep 24
*PRICE: 118.23 @ 16:00 GMT Sep 27
*SUP 1: 117.45 Intraday low and 61.8% Sep3 - Sep13 rally
*SUP 2: 117.28 Low Sep 5
*SUP 3: 116.85 76.4% retracement Sep3 - Sep13 rally
EURJPY remained softer on the week into the Friday close, but staged a modest
bounce to recover from the 117.45 lows. A failure recently to clear bear channel
resistance drawn off the Apr 17 high continues to weigh on sentiment. 117.56
support, Sep 12 low has been breached and this signals the potential for a
deeper move lower towards the Sep 3 low of 115.87, the next key support. On the
upside, a break of channel resistance at 119.19 and of resistance at 120.01 is
still the requirement for a reversal.
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