INTRA-DAY USD/JPY OUTLOOK 93.58

Last Update At 19 Feb 2009 02:26 GMT

Although dlr has retreated after y'day's cross-
inspired rally to 93.96 n further consolidation
below there is seen, price action fm there looks
corrective n reckon 93.00/10 wud limit downside,
yield resumption of upmove to said res n 94.10/20.

Buy on dips with stop as indicated, below defers
n risks stronger retrace. twds 92.75 (prev. res)...

Range Forecast
93.50 / 93.90

Resistance/Support

R: 93.96 / 94.65 / 95.02
S: 93.27 / 92.75 / 92.42