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INTRA-DAY USD/JPY OUTLOOK: 95.12
Updating time : 26 Nov 2008 04:13 GMT
Dlr has continued to move sideways abv Asian
low at 94.80 n as long as 95.56 (Aust.) holds, near
term decline fm y'day's high at 97.44 may extend
marignally but loss of momentum shud limit downside
n bring a rebound later, abv 95.56, 95.75.
Venture long on further weakness, stop below
94.44 as break may risk further weakness twd 94.00.
Range Forecast
94.95 / 95.25
Resistance/Support
R: 95.75/ 96.02/ 96.70
S: 94.80/ 94.44/ 94.00
Updating time : 26 Nov 2008 04:13 GMT
Dlr has continued to move sideways abv Asian
low at 94.80 n as long as 95.56 (Aust.) holds, near
term decline fm y'day's high at 97.44 may extend
marignally but loss of momentum shud limit downside
n bring a rebound later, abv 95.56, 95.75.
Venture long on further weakness, stop below
94.44 as break may risk further weakness twd 94.00.
Range Forecast
94.95 / 95.25
Resistance/Support
R: 95.75/ 96.02/ 96.70
S: 94.80/ 94.44/ 94.00
