EUR: Attempt small longs at 1.4220; stop below 1.4085
EUR Comment: Struggling though still holding at the upper edge of a ‘triangle’ consolidation pattern. The Euro is no longer overbought though bullish momentum is poor. We feel that the long term trend to US dollar weakness will resume, if not this month then in October. Strategy: Attempt small longs at 1.4220; stop below 1.4085. Short term target 1.4350. EUR/JPY Comment: Dropping through a very thin Ichimoku ‘cloud’ and Yen crosses, all of them, are looking increasingly top-heavy. A drop below
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