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| EUR/JPY, European Update 10.6.2003 Range Yesterday: 138.05 - 139.18 (Close 138.46) Key Support & Resistance Next 24-hours: 137.70 - 139.30 EUROPEAN UPDATE / Rate - 138.59 A continued cap below 138.80 (maximum failure below 139.30) still favours EURO depreciation vs JPY today. Looking for a break through 138.10/20 to encourage bearish progress en route to 137.70, potentially 137.30. (Range so far today: 138.21 - 138.79) AMERICAN UPDATE / to come...GMT12:30 24-Hour Trade: Short EURO (GMT02:25) @ 138.70 (SL 139.30) - profit order 137.70 Performance for June: -182 points Trend Profile: Neutral (Bullish EURO trend bias evident - Key resistance 140.75) Momentum: Bearish EURO - March 25th (currently in mid range) |
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