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Dlr's strg rebound fm o/n low at 103.22 suggests
the correction fm this week's top at 104.83 has
ended there n consolidation with upside bias is
seen for a strg retrace. twd 104.37, however, only
abv 104.66 wud signal recent upmove has resumed.
Buy on minor pullback with stop as indicated n
take profit on subsequent rise...
Range Forecast
103.80 / 104.15
Resistance/Support
R: 104.37/104.69/104.83
S: 103.55/103.22/103.00
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INTRA-DAY USD/JPY OUTLOOK: 104.02
Updating time :29 Apr 2008 23:04 GMT
Dlr's strg rebound fm o/n low at 103.22 suggests
the correction fm this week's top at 104.83 has
ended there n consolidation with upside bias is
seen for a strg retrace. twd 104.37, however, only
abv 104.66 wud signal recent upmove has resumed.
Buy on minor pullback with stop as indicated n
take profit on subsequent rise...
Range Forecast
103.80 / 104.15
Resistance/Support
R: 104.37/104.69/104.83
S: 103.55/103.22/103.00
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