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The Croke Report

Daily Futures and Bonds Outlook:

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Daily Technical Situation
calendar Daily Euro Yen Level

 

July 2, 2009

The Euro/ Yen spread is trading lower again this morning, retracingyesterday’s range, however I do not think that it is going to trade much lower overall today. Yesterday’s low was 134.98, and it may weaken if we get through there, however the daily line comes in at 134.72, and may contain the action for today.


136.73 positive above
136.20 resistance
135.87 resistance
134.98 weak below
134.72 daily line
133.57 support
131.37 recent low of the move

 

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