DAILY USD/JPY OUTLOOK

Current cross-inspired firmness strongly sug-gests recent erratic upmove fm 77.13 (Sep) has re-sumed n a breach of o/head Nov's 7-1/2 mth high of 82.84 wud confirm n yield further gain to 83.30 buto/bot condition shud cap price at 83.57.

Suggest to raise long entry with stop as indicated n only below 82.12 wud abort n risk 81.70/80.

Resistance/Support
R: 82.84 / 83.00 / 83.30
S: 82.12 / 82.05 / 81.68

Last Update At
12 Dec 2012 07:52 GMT

Rate
82.75

Strategy
Buy at 82.55

Objective
83.30

Stop-Loss
82.25