INTRA-DAY USD/JPY OUTLOOK - 89.15

Last Update At: 28 Jan 2009 00:50 GMT

Dlr's retreat fm 89.48 due to cross unwinding
in yen suggests further consolidation below y'day's
high at 90.08 is in store n pullback to 88.80/90
cannot be ruled out, however, only breach of 88.42
wud bring retrace. of upmove fm 87.10 to 88.00/10.

Abv 89.48 wud yield gain to 89.70/75 but afore-
said res shud hold on 1st testing. Stand aside.

Range Forecast
89.00 / 89.30 

Resistance/Support

R: 89.48 / 90.08 / 90.60
S: 88.88 / 88.42 / 88.27