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INTRA-DAY USD/JPY OUTLOOK - 90.18
Last Update At: 11 Jan 2009 23:55 GMT
Dlr's cross-inspired selloff to 90.15 on Friday
indicates decline fm 94.65 remains in progress n
below said sup wud extend weakness twds 89.75 but
loss of momentum shud prevent steep fall n 89.40/50
wud hold in Aaia, yield corrective bounce later.
Incline to sell on recovery as only abv 90.90/
00 wud signal temp. low is in place...
Range Forecast
+89.95 / 90.35+
Resistance/Support
R: 90.83 / 91.32 / 91.66
S: 89.75 / 89.10 / 88.41
Last Update At: 11 Jan 2009 23:55 GMT
Dlr's cross-inspired selloff to 90.15 on Friday
indicates decline fm 94.65 remains in progress n
below said sup wud extend weakness twds 89.75 but
loss of momentum shud prevent steep fall n 89.40/50
wud hold in Aaia, yield corrective bounce later.
Incline to sell on recovery as only abv 90.90/
00 wud signal temp. low is in place...
Range Forecast
+89.95 / 90.35+
Resistance/Support
R: 90.83 / 91.32 / 91.66
S: 89.75 / 89.10 / 88.41
