TRADING
TIPS :
USD/JPY was up 0.23% and trading at 101.40, up
from a session low of 101.09 and off a high of 101.45. The pair was
expected to test support at 101.07, the low from July 10, and
resistance at 101.80, Wednesday’s high. The dollar took a dive
against the yen on Thursday as investors digested the fallout from a
downed Malaysian Airlines flight over Ukraine, with the U.S. blaming
Ukrainian pro-Russian separatists for shooting down the aircraft,
killing 298 aboard.
INTRADAY
OUTLOOK
Support:
1.4505
Resistance:
1.4525
RECOMMENDATION:
1.
Buy EUR/CAD Above 1.4565- TG: 1.4585/ 1.4610 SL 1.4530
2.
Sell EUR/CAD Below 1.4505- TG: 1.4475/1.4450 SL 1.4538
INTRADAY
OUTLOOK
Immediate
Support: 1.3515
Immediate
Resistance: 1.3530
RECOMMENDATION:
1.
Buy EUR/USD Above 1.3539- TG: 1.3559/1.3579 SL 1.3515
2.
Sell EUR/USD Below 1.3523- TG: 1.3500/1.3480 SL 1.3544
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