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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EMERGING MARKETS
- EURPLN has resumed its impulsive bull run and traded through the 4.6000 handle.
- This further reinforces a bullish condition.
- The cross is approaching a key resistance at 4.6492, a trendline drawn from the Sep 302022 high.
- This is just above 4.4683, the 50.0% retracement of the Sep 2022 - Jul bear leg.
- These two price points represent the next key resistance points and a break would strengthen the current bullish theme. A breach would open 4.6746, the Apr 12 high.
- Initial support is today’s intraday low of 4.5668.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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