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INTRA-DAY USD/JPY OUTLOOK - 89.89
Last Update At: 03 Feb 2009 02:24 GMT
Dlr's intra-day rebound after finding renewed
buying at 89.27 suggests pullback fm 89.99 (NY res)
has possibly ended there n consolidation with
upside bias is seen, however, breach of 89.99/09 is
needed to bring further gain to 90.35.
Stand aside in the meantime n look to buy on
dips as 89.27 sup shud remain intact...
Range Forecast
89.60 / 89.99
Resistance/Support
R: 89.99 / 90.35 / 90.79
S: 88.80 / 88.42 / 88.00
Last Update At: 03 Feb 2009 02:24 GMT
Dlr's intra-day rebound after finding renewed
buying at 89.27 suggests pullback fm 89.99 (NY res)
has possibly ended there n consolidation with
upside bias is seen, however, breach of 89.99/09 is
needed to bring further gain to 90.35.
Stand aside in the meantime n look to buy on
dips as 89.27 sup shud remain intact...
Range Forecast
89.60 / 89.99
Resistance/Support
R: 89.99 / 90.35 / 90.79
S: 88.80 / 88.42 / 88.00
