INTRA-DAY USD/JPY OUTLOOK: 90.03

Updating time : 12 Feb 2009 12:19 GMT

Although dlr has recovered after intra-day fall
to 89.81 n further consolidation abv 89.70 sup is
in store, upside shud be ltd to 90.20/25 n bring
another decline to said sup but break there needed
to retain bearishness, 89.50.

Sell on recovery with stop as indicated, abv
wud risk another corrective bounce to 90.70/75...

Range Forecast
89.85 / 90.20

Resistance/Support
R: 90.81 / 91.55 / 91.79
S: 89.70 / 89.20 / 88.83