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INTRA-DAY USD/JPY OUTLOOK - 90.22
Last Update At: 12 Feb 2009 00:21 GMT
Dlr's stronger-than-expected retreat fm o/n NY
high at 90.76 in part due to cross buying in yen
suggests consolidation with mild downside bias is
seen n weakness to 90.00 cannot be ruled out but
only below 87.70 wud abort daily bullishness.
Abv 90.55/60 wud yield another corrective rise
to said res n then 91.00/10. Stand aside for now...
Range Forecast
90.10 / 90.40
Resistance/Support
R: 90.81 / 91.55 / 91.79
S: 89.70 / 89.20 / 88.83
Last Update At: 12 Feb 2009 00:21 GMT
Dlr's stronger-than-expected retreat fm o/n NY
high at 90.76 in part due to cross buying in yen
suggests consolidation with mild downside bias is
seen n weakness to 90.00 cannot be ruled out but
only below 87.70 wud abort daily bullishness.
Abv 90.55/60 wud yield another corrective rise
to said res n then 91.00/10. Stand aside for now...
Range Forecast
90.10 / 90.40
Resistance/Support
R: 90.81 / 91.55 / 91.79
S: 89.70 / 89.20 / 88.83
