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NZD

Kiwi Kept In Check Despite Risk-On Impulse

JGB TECHS

(Z1) Strong Weekly Close

Bulls Recover Losses Below 128.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Recover Losses Below 128
EURJPY breached 128.00 yesterday before a recovery in risk-on sentiment allowed
bulls to briefly break back above 129.00. Bulls need to recover the 200-dma at
130.02 to shift the outlook positive, opening the Oct 10 high & 61.8%
retracement level of 133.13-126.64 at 130.50/65. Bears look for a close below
127.50 to regain control, targeting the Oct 26 low at 126.64, ahead of the Aug
15 low at 124.91.