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INTRA-DAY USD/JPY OUTLOOK -     +117.27+

Updating time : 02 Nov 2006 00:53 GMT


Dlr's firm breach of 117.17 (o/n NY high) indi-
cates consolidation with upside bias remains for
the rise fm y'day's low at 116.57 to retrace recent
decline to extend twds +117.60/65+ but 118.05 res
shud remain intact due to nr term o/bot condition.

Buy again on dips with stop below 116.87, break
wud abort but 116.57 sup shud hold on 1st testing..

Range Forecast

117.10 / 117.40

Resistance/Support
R: 117.31/117.72/118.05
S: 116.87/116.57/116.26

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