INTRA-DAY USD/JPY OUTLOOK:               +96.50+

Updating time : 18 Nov 2008 00:06 GMT

Dlr's cross-inspired fall fm 97.25 (o/n NY high)
suggests consolidation with downside bias wud be
seen in Asia for weakness to 95.87, below there wud
extend to 95.50/60 b4 rebound due to near term
o/sold condition.

Sell on minor recovery for 96.00 or buy on next
fall for 96.20 but 96.70/75 shud cap upside...

Range Forecast
+96.24 / 96.60+

Resistance/Support

R: 96.73/ 97.25/ 97.76
S: 95.87/ 95.13/ 94.48