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Increased tensions on the Korean...........>

EURO-YEN
EURO-YEN: Increased tensions on the Korean peninsula with rhetoric raised on
bother sides, has seen safe haven flows from Tokyo accounts underpin the yen.
The cross has broken below yesterday's Y129.60 base to print a fresh low at
Y129.39. The focus is now on the opening of Japanese equities and how they react
to heightened geopolitical concerns. Key-support is located at Y129.25/18, the
level marks a 4-month support line and 76.4% fib Y128.50-Y131.40, while hourly
resistance is now located at Y129.75. Euro-yen was last at Y129.49.

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