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INTRA-DAY USD/JPY OUTLOOK - 89.21
Last Update At: 22 Jan 2009 02:15 GMT
Despite intra-day breach of 89.54, lack of follow
through buying n the subsequent retreat fm 89.55
suggest further choppy trading is likely in Asia n
pullback to 88.90/00 n possibly twds 88.62 cannot
be ruled out.
Stand aside n look to buy for day trade as abv
89.55 wud extend nr term rise fm 87.10 to 89.90/00.
Range Forecast
89.00 / 89.40
Resistance/Support
R: 89.68 / 90.17 / 90.98
S: 88.62 / 88.20 / 87.56
Last Update At: 22 Jan 2009 02:15 GMT
Despite intra-day breach of 89.54, lack of follow
through buying n the subsequent retreat fm 89.55
suggest further choppy trading is likely in Asia n
pullback to 88.90/00 n possibly twds 88.62 cannot
be ruled out.
Stand aside n look to buy for day trade as abv
89.55 wud extend nr term rise fm 87.10 to 89.90/00.
Range Forecast
89.00 / 89.40
Resistance/Support
R: 89.68 / 90.17 / 90.98
S: 88.62 / 88.20 / 87.56
