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Why MNI
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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.
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Remains Below The Recent High
- RES 4: 139.00 High Aug 21 2015 and a key resistance
- RES 3: 138.62 High Aug 25 2015
- RES 2: 137.50/53 High Feb 2 ‘18 and major resistance / High Mar 28
- RES 1: 136.84 High Mar 31
- PRICE: 136.39 @ 21:30 BST Apr 11
- SUP 1: 134.30/33.94 Low Apr 5 / Low Mar 28
- SUP 2: 133.86 20-day EMA
- SUP 3: 131.88 50-day EMA
- SUP 4: 130.72 Low Mar 17
The recent EURJPY pullback from 137.53, Mar 28 high is still considered corrective and the move lower has allowed an overbought condition to unwind. Support to watch is 133.94, the Mar 28 low, where a break would open the 20-day EMA at 133.63. The primary trend remains up and the bull trigger is 137.50/53. Clearance of this hurdle would expose 138.62, the Aug 25, 2015 high.
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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.