USD/JPY Daily Outlook
Mon, Nov 26 2007, 05:42 GMT
by AceTrader Team
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INTRA-DAY USD/JPY OUTLOOK: 108.43
Updating time :26 Nov 2007 04:21 GMT
Despite intra-day selloff fm 108.79, failure to
penetrate indicated sup at 108.11 (Aust.) n subse-
quent rebound suggest choppy trading abv Friday's
low at 107.55 wud continue, however, only a break
of said res wud extend gain to 108.90/00.
Below 108.11/14 wud revive bearishness for weak
ness to 107.80/90 n then 107.71. Stand aside...
Range Forecast
+108.50 / 108.79+
Resistance/Support
R: 108.79/108.93/109.18
S: 108.11/107.71/107.55
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Published on
Mon, Nov 26 2007, 05:44 GMT
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