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DAILY USD/JPY OUTLOOK 91.69
Last Update At 16 Feb 2009 23:04 GMT
Despite dlr's retreat fm last Friday's high at
92.14, as early strg rebound fm 89.70 suggests the
correction fm 92.42 top has ended, upside bias
remains for recent upmove fm 87.10 low to resume n
abv 92.42 brings retrace. of MT fall to 92.90/95.
Buy dips with stop as indicated, below prolongs
consolidation inside 89.70-92.42 range, 90.20 later
Next Update
07:30GMT
Resistance/Support
R: 92.42 / 92.92 / 94.15
S: 91.12 / 90.54 / 89.70
Last Update At 16 Feb 2009 23:04 GMT
Despite dlr's retreat fm last Friday's high at
92.14, as early strg rebound fm 89.70 suggests the
correction fm 92.42 top has ended, upside bias
remains for recent upmove fm 87.10 low to resume n
abv 92.42 brings retrace. of MT fall to 92.90/95.
Buy dips with stop as indicated, below prolongs
consolidation inside 89.70-92.42 range, 90.20 later
Next Update
07:30GMT
Resistance/Support
R: 92.42 / 92.92 / 94.15
S: 91.12 / 90.54 / 89.70
