Mizuho Corporate Bank

Technical Analysis 05 January 2010

EUR
EUR=EBS, Last Quote [Candle] EUR=, Bid [Ichimoku 9, 26, 52, 26] Daily
15Sep09 - 10Feb10
Pr
EUR=EBS , Last Quote, Candle 1.515
05Jan10 1.4413 1.4485 1.4406 1.4475
EUR= , Bid, Tenkan Sen 9
1.51
05Jan10 1.4369
EUR= , Bid, Kijun Sen 26
05Jan10 1.4679 1.505
EUR= , Bid, Senkou Span(a) 52
09Feb10 1.4524 1.5
EUR= , Bid, Senkou Span(b) 52
09Feb10 1.4680 1.495
EUR= , Bid, Chikou Span 26
01Dec09 1.4475
1.49

1.485

1.48

1.475

1.47

1.465

1.46

1.455

1.45

1.445

1.44

1.435

1.43

1.425

1.42
21Sep09 28Sep 05Oct 12Oct 19Oct 26Oct 02Nov 09Nov 16Nov 23Nov 30Nov 07Dec 14Dec 21Dec 28Dec 04Jan 11Jan 18Jan 25Jan 01Feb 08Feb

Comment: Unwinding some of the nonsense of the last two weeks with room for more of the same. The
Euro is no longer oversold and momentum has yet to turn bullish, so room for a variety of different views.

Strategy: Attempt longs at 1.4470; stop below 1.4200. Short term target 1.4600, then 1.4800.
Chart Levels:
Support Resistance Direction of Trade
1.4400 1.4485
1.4350 1.4535
1.4300 1.4600
1.4257 1.4685*
1.4218/1.4200* 1.4765

Produced by London Branch - Nicole Elliott +44-20-7786-2509

The information contained in this paper is based on or derived from information generally available to the public from sources believed to be reliable. No representation or
warranty is made or implied that it is accurate or complete. Any opinions expressed in this paper are subject to change without notice. This paper has been prepared
solely for information purposes and if so decided, for private circulation and does not constitute any solicitation to buy or sell any instrument, or to engage in any trading
strategy.

Charts provided by Reuters.