DAILY USD/JPY OUTLOOK - 93.29

06 Mar 2013                   08:10GMT

Although dlr has risen on renewed cross-selling in yen after y'day's intra-day retreat fm 93.54 to
92.92, abv Mon's 93.73 high is needed to signal correction fm last Mon's 33-month peak at 94.77 over n extend erratic rise fm 90.85 to 94.14. 

Below 92.92 wud prolong recent 'choppy' trading n yield stronger retrace. to 92.44. Stand aside.

STRATEGY: Stand aside
RES : 93.73 / 94.14 / 94.77
SUP : 92.92 / 92.44 / 92.01