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INTRA-DAY USD/JPY OUTLOOK: 96.89
Updating time : 14 Nov 2008 02:18 GMT
Dlr has fallen again after meeting minor selling
at 97.35/40 indicates further consolidation below
y'day's high at 98.30 in store but below 98.60 need
ed to abort daily bullishness n bring retrace. of
near term rise fm 94.48 to 96.10/20.
Abv 97.35/40 yields rebound to 97.70 n then 98.
10 (Aust.). Stand aside n hold long for day trade..
Range Forecast
96.80 / 97.320
Resistance/Support
R: 97.38/ 98.10/ 98.30
S: 96.43/ 95.96/ 95.13
Updating time : 14 Nov 2008 02:18 GMT
Dlr has fallen again after meeting minor selling
at 97.35/40 indicates further consolidation below
y'day's high at 98.30 in store but below 98.60 need
ed to abort daily bullishness n bring retrace. of
near term rise fm 94.48 to 96.10/20.
Abv 97.35/40 yields rebound to 97.70 n then 98.
10 (Aust.). Stand aside n hold long for day trade..
Range Forecast
96.80 / 97.320
Resistance/Support
R: 97.38/ 98.10/ 98.30
S: 96.43/ 95.96/ 95.13
