INTRA-DAY USD/JPY OUTLOOK - +89.75+

Last Update At: 02 Feb 2009 01:28 GMT

Dlr's retreat fm 90.06 (Aust.) due to renewed
cross-buying in yen suggests further choppy trading
below Friday's NY high of 90.09 wud continue, as
rebound fm 89.15 (Friday's low) signals early pull-
back 90.79 has made a low, upside bias remains.

Buy on dips for another rebound to 89.95/00 n
only below said sup wud risk weakness to 88.85/95..

Range Forecast

+89.55 / 89.90+

Resistance/Support

R: 90.15 / 90.35 / 90.79
S: 89.44 / 89.15 / 88.88