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Italy's political situation and a heavy....>

EURO-YEN
EURO-YEN: Italy's political situation and a heavy session for US stocks pushed
EURJPY to levels not seen since June 2017, as the cross registered a low of
124.62. EURJPY last 125.15.
- Initial resistance is noted at 125.80, while support comes in at Tuesday's low
followed by the low from June 21 2017 at 123.63.
- The cross will likely trade off of Italian political developments & broader
risk sentiment in the coming sessions.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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