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INTRA-DAY USD/JPY OUTLOOK -      117.81

Updating time :08 Nov 2006 23:06 GMT


Dlr's retreat after y'day's rebound fm 117.38
to 118.01 suggests consolidation with downside bias
wud be seen for weakness to 117.55/60, however,
only below said sup wud signal the erratic rise fm
117.25 has ended.

Sell on recovery with stop as indicated, abv
risks 118.25/30 but 118.46 res shud hold...

Range Forecast

117.65 / 117.90

Resistance/Support

R: 118.01/118.19/118.46
S: 117.38/117.25/116.95

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