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USDCAD TECHS

Fresh Lows Below 1.2062

AUDUSD TECHS

Extends This Week's Gains

JGB TECHS

(M1) Consolidating

EURJPY TECHS

Upside Extension Within Its Channel

US TSYS SUMMARY

Narrow Range Ahead April FOMC Minutes

Deeper Correction Possible *RES 4:...>

EURO-YEN TECHS
EURO-YEN TECHS: Deeper Correction Possible
*RES 4: 123.36 High Jul 1
*RES 3: 122.24 200-DMA
*RES 2: 121.68 50% retracement of Mar 4 - Sep 3 decline
*RES 1: 121.47/48 Bull channel top drawn off Sep 4 low / High Oct 21
*PRICE: 120.93 @ 04:52 GMT Oct 24
*SUP 1: 120.01 High Sep 13 and former breakout level
*SUP 2: 119.75 Low Oct 16
*SUP 3: 119.12 Low Oct 15
*SUP 4: 118.73 Low Oct 11
EURJPY remains bullish, confirmed recently on the break of 120.01, Sep 13 high.
This reinforced the significance of the channel breakout on Oct 10 and confirmed
a reversal. Note that for the near-term however, the cross is pulling away from
the top of a bull channel drawn off Sep 4 low. This may result in levels below
120.00 as part of a deeper correction. On the upside, the trigger for a
resumption of gains is at 121.48.