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Late Equity Roundup: Near Late Session Highs


Eurodollar/Tsy Options Roundup


BLOCK, Late 5Y Buy


Approaching Bull Trigger

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Nearing Bull Trigger

  • RES 4: 111.71 High Mar 24, 2020
  • RES 3: 111.66 High Jul 2 and the bull trigger
  • RES 2: 110.82 High Jul 7
  • RES 1: 110.80 High Aug 11
  • PRICE: 110.35 @ 16:54 BST Aug 12
  • SUP 1: 108.72 Low Aug 04
  • SUP 2: 108.56 Low May 25
  • SUP 3: 108.47/34 76.4% of the Apr 23 - Jul 2 rally / Low May 7
  • SUP 4: 108.08 Low Apr 27

USDJPY added to recent gains in early Wednesday trade, topping out a new monthly high of 110.80 before fading. This keeps the outlook positive, with 110.82 the next upside level ahead of the 111.66 bull trigger. To the downside, attention is on 108.47, a Fibonacci retracement.

MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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