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minor consolidation wud be seen in Asia n retrace.
to 110.60 cannot be ruled out, however, reckon 110.
85/90 wud limit upside n yield another decline.
Stand aside in the meantime n look to sell on
subsequent bounce. Below said sup wud extend weak-
ness to 110.00 but sup at 109.68 wud remain intact.
Range Forecast
110.25 / 110.55
Resistance/Support
R: 110.85/111.25/111.52
S: 110.13/109.68/109.12
INTRA-DAY USD/JPY OUTLOOK: 110.44
Updating time :15 Nov 2007 23:22 GMT
Dlr's recovery after o/n fall to 110.20 suggestsminor consolidation wud be seen in Asia n retrace.
to 110.60 cannot be ruled out, however, reckon 110.
85/90 wud limit upside n yield another decline.
Stand aside in the meantime n look to sell on
subsequent bounce. Below said sup wud extend weak-
ness to 110.00 but sup at 109.68 wud remain intact.
Range Forecast
110.25 / 110.55
Resistance/Support
R: 110.85/111.25/111.52
S: 110.13/109.68/109.12
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