Free Trial

Lows Back In Focus The focus is......>

EURO-YEN TECHS
EURO-YEN TECHS: Lows Back In Focus
The focus is back on the downside for EURJPY as the corrective rebound runs out
of steam.A decline back to retest the 124.91 August 15 low now looks back on the
cards as momentum indicators give fresh bearish signals. A break below
124.91/124.62, also the May lows, will open the way for the June 2017 lows at
123.85 and long-term 50% retracement level at 123.54 to be targeted.

To read the full story

Close

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.