INTRA-DAY EUR/JPY OUTLOOK :   119.25

Updating time :09 Feb 2009 13:20 GMT

As euro has continued to trade with a firm under
tone, suggesting correction fm 119.99 (Aust.) has
indeed ended at 117.10 n a re-test of said res is
seen, however, break is needed to confirm recent
erratic upmove has resumed to 120.20/30 later.

 Buy at market with stop as indicated, only below
118.87 prolongs choppy trading n risks 118.25...

Range Forecast

119.10 / 119.60

Resistance/Support
R: 119.63/119.99/120.73
S: 118.87/118.25/117.75