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RUSSIA

Putin: Russia Set To Unveil New Hypersonic Weapons

GILTS

UK 5s/30s drifts towards Friday's low

CZECHIA

CZKJPY Found Support Above 38.2% Fibo Level

Narrows Gap on Bull Channel Top......>

EURO-YEN TECHS
EURO-YEN TECHS: Narrows Gap on Bull Channel Top
*RES 4: 123.36 High Jul 1
*RES 3: 122.16 200-DMA
*RES 2: 121.68 50% retracement of Mar 4 - Sep 3 decline
*RES 1: 121.48/67 High Oct 21 / Bull channel top drawn off Sep 4 low
*PRICE: 121.23 @ 19:33 GMT Oct 30
*SUP 1: 120.36 Low Oct 25
*SUP 2: 120.01 High Sep 13 and former breakout level
*SUP 3: 119.75 Low Oct 16
*SUP 4: 119.12 Low Oct 15
EURJPY got a decent bid into the close thanks to the marked break higher in
USD/JPY after the Fed decision. This opened further the gap with support at
120.36, adding to the bullish argument. A broader uptrend remains intact
following Wednesday's break of 121.00. Upside targets remains at the bull
channel top which was previously an area of interest. Watch support at 120.36
while the trigger for gains is 121.48/67.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com