Euro / yen in the Asian session was unable to overcome Offer in Y131.40/50, which provoked a reduction in short-term long positions, providing a pair of correction to levels near Y130.90/80. Here, however, the decline was halted and Jerk against the single European currency in the pair with the dollar, euro / yen resumed its upward movement, in which the bulls so far managed to update the session highs and check the strength of Offer near Y131.60/70 . Couple now holds about Y131.66, continuing to be in demand, and dealers noted that a break above Y131.80 would be a positive signal for the single currency, suggesting the possibility of continuing growth initially to Y132.00/05, and then to Y132.35/40 and Y132.80/85. Bids are now visible in the area Y131.35/30 and Y131.10/05.
No comments:
Post a Comment