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INTRA-DAY USD/JPY OUTLOOK - 89.09
Last Update At: 04 Feb 2009 08:26 GMT
Dlr's recovery after intra-day cross-inspired
fall to 88.83 suggests consolidation is in store n
gain to 89.40 cannot be ruled out, however, reckon
89.60/65 wud hold n yield another decline twds sup
at 88.59 (y'day's low).
Sell on further rise with stop as indicated n
only abv 89.70 wud risk correction to 90.00...
Range Forecast
88.95 / 89.30
Resistance/Support
R: 89.70 / 90.00 / 90.35
S: 88.83 / 88.59 / 87.97
Last Update At: 04 Feb 2009 08:26 GMT
Dlr's recovery after intra-day cross-inspired
fall to 88.83 suggests consolidation is in store n
gain to 89.40 cannot be ruled out, however, reckon
89.60/65 wud hold n yield another decline twds sup
at 88.59 (y'day's low).
Sell on further rise with stop as indicated n
only abv 89.70 wud risk correction to 90.00...
Range Forecast
88.95 / 89.30
Resistance/Support
R: 89.70 / 90.00 / 90.35
S: 88.83 / 88.59 / 87.97
