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[K.B. Advisory]

Range Yesterday: 129.74 - 130.74 (Close 130.56)
Key Support & Resistance Next 24-hours: 129.80 - 131.30

EUROPEAN UPDATE / Rate - 130.51
A continued base above 130.30 (maximum 129.80) still favours EURO appreciation against the JPY today. Looking for a rally over 130.80/90 to affirm bullish progress, targeting initially 131.30/40, potentially 131.60 by day end.
(Range so far today: 130.34 - 130.74)

AMERICAN UPDATE / to come...GMT 12:30

24-Hour Trade: Long EURO (GMT23:55) @ 130.40 (SL 129.80) - profit order 131.30
Performance for February: +217 points

Trend Profile: Bullish EURO - Feb.14th (trend stop @ 129.07)
Momentum: Bearish EURO - Sept.26th (currently overbought)