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firms early erratic fall fm 115.93 has made a low
y'day at 114.02, as 114.77 has capped upside, conso
lidation with downside bias is seen but below 114.
27 (Asian low) needed to bring re-test of 114.02.
Trade fm short side n only abv 114.97 wud abort
bearish prospect, risk correction to 115.15...
Range Forecast
114.50 / 114.77
Resistance/Support
R: 114.82/114.97/115.44
S: 114.27/114.02/113.77
INTRA-DAY USD/JPY OUTLOOK: +114.68+
Updating time :06 Nov 2007 07:06 GMT
Although intra-day cross-inspired rebound con-firms early erratic fall fm 115.93 has made a low
y'day at 114.02, as 114.77 has capped upside, conso
lidation with downside bias is seen but below 114.
27 (Asian low) needed to bring re-test of 114.02.
Trade fm short side n only abv 114.97 wud abort
bearish prospect, risk correction to 115.15...
Range Forecast
114.50 / 114.77
Resistance/Support
R: 114.82/114.97/115.44
S: 114.27/114.02/113.77
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