yen : 250MA备受考验 ▼▼(7month31day)

Focus:
•阻力参考107.55•106.80•106.00
•支撑参考108.00•108.40/60**•110.00•111.30

According to a survey released on Thursday, Japan7月制造业活动自6月的六年低点小幅反弹，但指数依然低于50，暗示本月营运条件再度恶化。NTC Research/野村/Japan Material Management Association(JMMA)7Monthly Manufacturing Purchasing Managers Index(PMI)经季节调整后小升至47.0, higher than6Of46.5，6月指数为2002year2The lowest since the beginning of the month.

图表分析所见，预计目前日圆较近阻力为10Balance moving average107.55and25Balance moving average106.80，但由于两线已同时显现利淡交叉，潜在破位续跌之风险；较大阻力则预计为106关口。当前重要支撑应可望为108.40/60, for6月份所见的两个低位，同时亦接近于250平均线位置。而当前108关口则可视为预警支持线，因为若日圆先行跌破此区，亦即已穿破近两个月形成之双底颈线，330点幅度计算，延伸下跌可看至111.30水平。较近之下试目标则可参考110之心理关口。

(Analysis provided by the Research Department of King Financial Group's Cross Harbour)