Free Trial

The pair continues to edge.........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: The pair continues to edge lower:
- The pair has achieved the near-term objective of 106.45, 50.0% retracement of
the Mar 9 - 24 rally.
- Yesterday's break of the former key support at 106.92, Apr 1 low continues to
weigh.
- The focus turns to 105.81, Mar 17 low and 105.21, the 61.8% retracement.
- Initial resistance is today's high of 106.90.

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.