INTRA-DAY USD/JPY OUTLOOK - 91.97

Last Update At: 05 Jan 2009 06:31 GMT

Dlr's retreat fm last Friday's high is viewed as
a minor correction of recent upmove n pullback to
91.60/70 cannot be ruled out, however, 91.46 (prev.
res) shud contain downside n bring another rise to
said res n then 92.70/80.

Buy dlr on dips with stop as indicated n only
below 91.20 wud abort daily bullishness...

Range Forecast

+91.65 / 92.00+

Resistance/Support
R: 92.41 / 93.03 / 93.91
S: 91.80 / 91.46 / 90.99