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INTRA-DAY USD/JPY OUTLOOK:          112.78

Updating time :08 Nov 2007 00:28 GMT

Although dlr's present strg bounce after release
of slumping Japan's machinery order earlier indica-
tes an intra-day low has been formed at 112.00 n
'choppy' consolidation is seen, nr term o/bot condi
tion shud limit gain to 113.00/10 n yield retreat.

Sell on further rise with stop initially same as
daily trade n take profit on decline...

Range Forecast

112.60 / 113.00

Resistance/Support
R: 113.07/113.38/113.68
S: 112.40/112.00/111.60

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