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INTRA-DAY USD/JPY OUTLOOK -     117.07

Updating time : 01 Nov 2006 10:09 GMT


Dlr's intra-day recovery after y'day's selloff
to 116.62 suggests caution on our short n 117.13/20
(prev. sup) must hold for prospect of another fall,
below said sup wud extend marginally to 116.45/50
b4 rebound occurs later due to loss of momentum.

Trade fm short side with stop abv there, break
signals temp. low is made n risks 117.40/50...

Range Forecast

116.85 / 117.13

Resistance/Support

R: 117.13/117.31/117.72
S: 116.62/116.26/116.08

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