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INTRA-DAY USD/JPY OUTLOOK - 89.97
Last Update At: 21 Jan 2009 02:32 GMT
Although intra-day cross-inspired rebound fm
89.68 (Aust.) suggests further consolidation abv
there is in store, break of 90.26/30 is needed to
signal a temp. low has possibly been formed, yield
subsequent gain to 90.60, abv confirms, 90.90/95.
Below 89.68 sup wud risk one more fall to 89.50
/55 but 89.20/25 shud limit downside. Stand aside..
Range Forecast
89.75 / 90.10
Resistance/Support
R: 90.59 / 90.98 / 91.33
S: 89.68 / 89.26 / 88.80
Last Update At: 21 Jan 2009 02:32 GMT
Although intra-day cross-inspired rebound fm
89.68 (Aust.) suggests further consolidation abv
there is in store, break of 90.26/30 is needed to
signal a temp. low has possibly been formed, yield
subsequent gain to 90.60, abv confirms, 90.90/95.
Below 89.68 sup wud risk one more fall to 89.50
/55 but 89.20/25 shud limit downside. Stand aside..
Range Forecast
89.75 / 90.10
Resistance/Support
R: 90.59 / 90.98 / 91.33
S: 89.68 / 89.26 / 88.80
