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INTRA-DAY USD/JPY OUTLOOK:          117.49

Updating time : 22 Mar 2007 06:45 GMT


Although dlr has retreated after falterinng be-
low minor res at 117.69 n marginal weakness below
117.35 (Aust.) can't be ruled out, break of y'day's
low at 117.15 is needed to extend erratic fall fm
118.02 twd 116.92 later.

Abv 117.69 wud prolong choppy trading but res
at 118.02 shud limit upside. Stand aside for now...

Range Forecast

+117.15 / 117.45+

Resistance/Support
R: 117.69/118.02/118.50
S: 117.15/116.92/116.25

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