Euro Yen Spread June 5, 2009
The Euro/ Yen spread has been holding around the 137.22 target I was looking for, and this is mailnly due to the Yen outright weakness, and the Euro has been sideways, and not deteriorating very much. The spread is still in buystalk mode and remains overall in a bullish sentiment.
139.78 upper resistance
138.50 resistance
137.92 high/ positive if above
137.72 resistance/ support
136.68 magnet level
135.36 support
134.76 support
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