INTRA-DAY USD/JPY OUTLOOK

   Despite dlr's retreat fm y'day's 76.80 high to
76.52, current rebound suggests aforesaid pullback
is possibly over n consolidation with upside bias
is seen for a re-test of said res, abv wud extend
rise fm last week's 76.03 high to 76.90.
    Raise long entry with stop as indicated, below
wud risk 76.35 b4 prospect of a rebound.

Range Forecast
76.55 / 76.80

Resistance/Support
R: 76.80/76.90/77.17
S: 76.48/76.35/76.03
    
Rate    
76.68    

Strategy/Entry Level
Buy at 76.60

Objective    
76.90    

Stop-Loss
76.45

Last Update At
07 Feb 2012 02:07 GMT