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INTRA-DAY USD/JPY OUTLOOK:         114.62

Updating time :02 Nov 2007 00:36 GMT

Despite intra-day recovery after marginal weak-
ness to 114.37 (Aust.), y'day's selloff fm 115.93
signals erratic upmove fm 113.25 has ended n reckon
114.90/00 wud cap upside, bring another fall later
to said sup n then daily obj. at 114.25.

Sell on further rise, stop as indicated n only
abv 115.15 (o/n NY high) aborts daily bearishness..

Range Forecast

114.50 / 114.80

Resistance/Support

R: 114.74/115.15/115.51
S: 114.37/113.98/113.77

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