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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(Z17) 112.090 Now Support After........>
SCHATZ TECHS: (Z17) 112.090 Now Support After 112.180 Caps Rise
*RES 4: 112.230 Sep 8, Sep 11 lows, now resistance
*RES 3: 112.200 Sep 15 high
*RES 2: 112.180 Sep 25 high
*RES 1: 112.150/160 Hourly resistance
*PRICE: 112.120 @1132GMT
*SUP 1: 112.090 Congestion area Sep 21-22
*SUP 2: 112.060 Sep 21 low
*SUP 3: 112.030 Aug 17 low
*SUP 4: 112.020 0.1% volatility band
*COMMENTARY* The recovery from last week's 112.060 low continued, reaching
112.180 on Monday. Became oversold in the near term as a result and the
subsequent pullback below 112.110, now sees 112.090 as an additional buffer
below, ahead of that 112.060 level again. Resistance 112.150-112.160 but above
112.180 needed before the rally can extend towards 112.200-112.230 next.
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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.