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INTRA-DAY USD/JPY OUTLOOK - 90.83
Last Update At: 06 Feb 2009 00:53 GMT
Although dlr has continued to edge lower on
cross buying in yen after the o/n retreat fm 92.25
n consolidation with mild downside bias remains for
retracement to 90.50/60, reckon 90.00 wud contain
weakness n yield rebound later.
Abv 91.34 (Aust.) wud signal intra-day low is
made n bring rebound to 91.60/70. Stand aside...
Range Forecast
90.65 / 91.00
Resistance/Support
R: 91.34 / 91.62 / 92.25
S: 90.79 / 90.35 / 90.00
Last Update At: 06 Feb 2009 00:53 GMT
Although dlr has continued to edge lower on
cross buying in yen after the o/n retreat fm 92.25
n consolidation with mild downside bias remains for
retracement to 90.50/60, reckon 90.00 wud contain
weakness n yield rebound later.
Abv 91.34 (Aust.) wud signal intra-day low is
made n bring rebound to 91.60/70. Stand aside...
Range Forecast
90.65 / 91.00
Resistance/Support
R: 91.34 / 91.62 / 92.25
S: 90.79 / 90.35 / 90.00
