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INTRA-DAY USD/JPY OUTLOOK - 90.41
Last Update At: 29 Jan 2009 00:44 GMT
Dlr's retreat fm 90.66 suggests choppy trading
below o/n NY high at 90.79 wud continue n risk is
seen for a pullback to 90.10/20, however, reckon
89.70/80 wud limit downside n yield another rise
later today.
Exit intra-day long n stand aside for now as abv
90.79 is needed to extend upmove to 91.10/20...
Range Forecast
90.25 / 90.65
Resistance/Support
R: 90.79 / 90.98 / 91.33
S: 90.08 / 89.20 / 88.88
Last Update At: 29 Jan 2009 00:44 GMT
Dlr's retreat fm 90.66 suggests choppy trading
below o/n NY high at 90.79 wud continue n risk is
seen for a pullback to 90.10/20, however, reckon
89.70/80 wud limit downside n yield another rise
later today.
Exit intra-day long n stand aside for now as abv
90.79 is needed to extend upmove to 91.10/20...
Range Forecast
90.25 / 90.65
Resistance/Support
R: 90.79 / 90.98 / 91.33
S: 90.08 / 89.20 / 88.88
