© Dukascopy Bank
Daily maximum: 109.69
Daily minimum: 107.91
The euro slipped further against the Japanese Yen after hitting the daily market participant's target (109.41) as German monthly Factory orders showed a contraction (0.3% act./1.2% est.) and monthly retail sales declined more than expected (-0.1% act./0.1% est.).
Daily Resistance: 110.03; 110.49; 111.17.
Daily Support: 108.89; 108.21; 107.75.
Daily Bias: Strongly bearish.