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INTRA-DAY USD/JPY OUTLOOK - 92.71
Last Update At: 08 Jan 2009 02:32 GMT
As dlr has rebounded after trading abv 92.33
(o/n NY low), consolidation with upside bias re-
remains for gain twd 93.20 (prev. sup) n then daily
obj. at 93.40/50 but as top has been formed earlier
this wk at 94.65, reckon 94.00 wud hold.
Trade fm long side, stop as indicated n only
below 92.33 wud risk one more fall to 92.00...
Range Forecast
92.60 / 92.90
Resistance/Support
R: 93.20 / 93.45 / 94.15
S: 92.33 / 91.80 / 91.46
Last Update At: 08 Jan 2009 02:32 GMT
As dlr has rebounded after trading abv 92.33
(o/n NY low), consolidation with upside bias re-
remains for gain twd 93.20 (prev. sup) n then daily
obj. at 93.40/50 but as top has been formed earlier
this wk at 94.65, reckon 94.00 wud hold.
Trade fm long side, stop as indicated n only
below 92.33 wud risk one more fall to 92.00...
Range Forecast
92.60 / 92.90
Resistance/Support
R: 93.20 / 93.45 / 94.15
S: 92.33 / 91.80 / 91.46
