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INTRA-DAY USD/JPY OUTLOOK - 92.11
Last Update At: 08 Feb 2009 23:40 GMT
Despite intra-day breach of 92.22/25 res, dlr's
present retreat fm 92.42 suggests a minor top has
possiby been formed n risk is seen for a pullback
to 91.80/90 n then twds 91.51 (Aust.) b4 prospect
of another rise later today.
Exit long n look to buy for day trade as abv
92.42 is needed to extend recent upmove twds 92.92.
Range Forecast
91.95 / 92.25
Resistance/Support
R: 92.42 / 92.92 / 93.20
S: 91.51 / 91.02 / 90.72
Last Update At: 08 Feb 2009 23:40 GMT
Despite intra-day breach of 92.22/25 res, dlr's
present retreat fm 92.42 suggests a minor top has
possiby been formed n risk is seen for a pullback
to 91.80/90 n then twds 91.51 (Aust.) b4 prospect
of another rise later today.
Exit long n look to buy for day trade as abv
92.42 is needed to extend recent upmove twds 92.92.
Range Forecast
91.95 / 92.25
Resistance/Support
R: 92.42 / 92.92 / 93.20
S: 91.51 / 91.02 / 90.72
