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Intra-Day EUR/JPY Outlook 117.10
Last Update At 10 Feb 2009 04:31 GMT
Although euro has fallen after meeting renewed
selling around 118.00/05, below intra-day sup at
116.65 is needed to signal the decline fm y'day's
high at 120.04 has resumed n bring correction of
recent upmove to 116.10/20.
Stand aside n look to sell again on recovery as
only abv 118.00/05 indicates low is possibly made..
Range Forecast
+117.45 / 117.95+
Resistance/Support
R: 118.02/119.00/120.04
S: 116.93/116.65/115.70
Last Update At 10 Feb 2009 04:31 GMT
Although euro has fallen after meeting renewed
selling around 118.00/05, below intra-day sup at
116.65 is needed to signal the decline fm y'day's
high at 120.04 has resumed n bring correction of
recent upmove to 116.10/20.
Stand aside n look to sell again on recovery as
only abv 118.00/05 indicates low is possibly made..
Range Forecast
+117.45 / 117.95+
Resistance/Support
R: 118.02/119.00/120.04
S: 116.93/116.65/115.70
