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[K.B. Advisory]

Range Yesterday: 117.01 - 117.57 (Close 117.41)
Key Support & Resistance Next 24-Hours: 116.90 - 117.90

EUROPEAN UPDATE / Rate - 117.77
EURO appreciation too aggressive in Asia for us to remain short on the day, with the market now threatening to push prices onto 118.30, potentially 118.70 in Europe. Downside reactions should meet solid support around 117.50/70, but must stay above 117.30 if we are to see higher levels today.

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

MITS 24-Hour Trade Recommendation: Sold EURO @ 117.50 stopped @ 118.00 = Points Lost 50
MITS Performance for June: +104

Trend Profile: Bullish EURO - June 4th @ 116.66 (Stop & Reverse @ 114.80)
Momentum: Bearish EURO - June 13th (Currently in Mid Range)