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INTRA-DAY USD/JPY OUTLOOK - 118.02
Updating time :21 Nov 2006 02:08 GMT
Despite intra-day brief fall to 117.88, currentrebound has retained our bullishness n as long as
117.70 holds, marginal gain to 118.30 wud be seen,
however, as broad outlook remains 'consolidative',
reckon res at 118.47 shud cap upside in Asia.
Trade fm long side, stop there as break signals
rise fm 117.51 ended n risks re-test of this lvl...
Range Forecast
117.90 / 118.20
Resistance/Support
R: 118.20/118.47/118.60
S: 117.70/117.51/117.25
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