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US Equity Futures Dent Risk..........>

EURO-YEN TECHS: US Equity Futures Dent Risk Appetite
EURJPY failed to clear down trendline resistance, before a turn in US equity
futures knocked sentiment. Rate touched pullback lows of 122.54 with bears
looking for a break of the May 15 low & 61.8% retracement of the 2018 range at
122.08/07. Below here returns the focus to the 122.00 level & 50% retracement of
the 2012 low - 2014 high at 121.95. Bulls need a close above 123.15 to open the
123.60/70 area which has registered a series of previous highs.

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