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Continues to Grind Lower, Y103.77 Moves Into View.

MNI (London)
  • Back below Y104.00, this time extending the low to Y103.90 and holding heavy at writing.
  • If rate can maintain this move, and indeed build, it leaves next technical support at Y103.77 exposed (76.4% Y103.18-105.68).
  • Resistance remains at Y104.15/25.
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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