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INTRA-DAY USD/JPY OUTLOOK - 89.85
Last Update At: 14 Jan 2009 08:23 GMT
Dlr's intra-day breach of 89.88 (y'day's high)
confirms erratic rise fm 88.80 temp. low to retrace
recent decline has resumed n gain to 90.10 is seen,
however, nr term o/bot condition wud limit upside
to 90.40/50.
Raise long entry with stop as indicated, below
wud risk 89.21, break signals top is formed...
Range Forecast
89.60 / 90.00
Resistance/Support
R: 90.30 / 90.70 / 91.35
S: 89.58 / 89.21 / 88.80
Last Update At: 14 Jan 2009 08:23 GMT
Dlr's intra-day breach of 89.88 (y'day's high)
confirms erratic rise fm 88.80 temp. low to retrace
recent decline has resumed n gain to 90.10 is seen,
however, nr term o/bot condition wud limit upside
to 90.40/50.
Raise long entry with stop as indicated, below
wud risk 89.21, break signals top is formed...
Range Forecast
89.60 / 90.00
Resistance/Support
R: 90.30 / 90.70 / 91.35
S: 89.58 / 89.21 / 88.80
