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major currencies, price is expected to remain range
-bound' here as further choppy consolidation abv
y'day's low at 112.00 shud continue n reckon sup at
112.24 (NY low) shud contain downside.
Incline to buy dips for another bounce to 112.80
or if dlr rises to 113.00 1st, sell for 112.60...
Range Forecast
112.40 / 112.70
Resistance/Support
R: 113.04/113.38/113.68
S: 112.24/112.00/111.60
INTRA-DAY USD/JPY OUTLOOK: 112.58
Updating time :09 Nov 2007 04:21 GMT
Despite dlr's intra-day weakness vs the 3 othermajor currencies, price is expected to remain range
-bound' here as further choppy consolidation abv
y'day's low at 112.00 shud continue n reckon sup at
112.24 (NY low) shud contain downside.
Incline to buy dips for another bounce to 112.80
or if dlr rises to 113.00 1st, sell for 112.60...
Range Forecast
112.40 / 112.70
Resistance/Support
R: 113.04/113.38/113.68
S: 112.24/112.00/111.60
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