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108.88 to 108.30, as long as said res lvl holds,
downside bias remains for recent decline to resume
after consolidation, below y'day's 108.25 low wud
confirm n extend to 108.00.
Sell on pullback with stop abv there as break
wud signal temp. low is made n risk 109.20/25...
Range Forecast
+108.45 / 108.75+
Resistance/Support
R: 108.88/109.25/109.51
S: 108.25/108.00/107.81
INTRA-DAY USD/JPY OUTLOOK: +108.65+
Updating time :22 Nov 2007 02:05 GMT
Although dlr has recovered after o/n retreat fm108.88 to 108.30, as long as said res lvl holds,
downside bias remains for recent decline to resume
after consolidation, below y'day's 108.25 low wud
confirm n extend to 108.00.
Sell on pullback with stop abv there as break
wud signal temp. low is made n risk 109.20/25...
Range Forecast
+108.45 / 108.75+
Resistance/Support
R: 108.88/109.25/109.51
S: 108.25/108.00/107.81
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