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New Delhi, July 12  The monsoon ha

The Euro broke the support specified in Friday’s report 1.2677, and dropped to 1.2607 before it continued its way down after the new week’s open to 1.2578 (today’s low at the moment of preparing this report). The rise topped at
1.2720, in what turned out to be the most serious test of the top of the rising channel on the hourly chart.

The drop which followed the open, raised the possibilities that we could be before an important turning point at the channel top, specially after dropping from Friday’s high 150 pips so far. As we said in our last report: “We will not be able to escape the fact that a break here will be a very positive signal for both the short & medium terms.

The Dollar/Yen continued to rise, reaching 89.13, but at a much slower pace that we have seen on Wednesday. This slow bounce came as no surprise, with the consolidation around 88, and after bouncing from the support area shown on the hourly chart below, and after clearly breaking the falling trend line from June 21st top.

Recently a new trend can be observed Malayalam movie industry wherein the heroines wishing to migrate to Kollywood. There are heroines like Archana Kavi and Meera Nandan, who have caught up with this fashion; however fortunately for the Malayalam movie industry not all heroines want to do this.

Anjali, who attained fame with Angadi Theru, is interested in working with the Malayalam movie industry. She is essaying the role of Jayasurya’s heroine. They would soon be seen working together in the movie that’s entitled Payyans.

James Cameron’s 2009 blockbuster 3D sci-fi epic Avatar is going to be re-released on August 27 with some extra footage, which were never seen earlier.

The Academy award winning movie will be released again in 3D and IMAX theatres all over the world. The extra eight minutes will have some new creatures and action scenes.

On the addition of only eight minutes, the officials informed, “IMAX has permitted a maximum run time of 170 minutes. The original Avatar released in December 2009 had a run time of 162 minutes so the new version could add only eight more minutes”.