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JGB TECHS

(M1) Bullish Focus

AUSSIE 10-YEAR TECHS

(M1) New Multi-Month Highs

EUR/USD has sold off on reports from....>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD has sold off on reports from Corriere noting that Italy's
League party is said to join 5-Star in seeking a 2.4% deficit/GDP ratio, and as
such the coalition government may postpone the upcoming meeting over the 2019
budget plan.
- The Italian government is supposed to present its draft budget later today.
- EUR/USD registered a session low of $1.0707 on the move, last $1.0715.
- Bulls need to recover $1.1724 to keep the uptrend intact, with nearby support
located at the 38.2% retracement of the move from $1.1526 to $1.1815 ($1.1705)
followed by the September 20 low & 21-DMA ($1.1669/65).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com