INTRA-DAY EUR/JPY OUTLOOK :   117.00

Updating time : 11 Feb 2009 13:54 GMT

As euro's breach of 116.99 signals the rise fm
y'day's 115.78 low to retrace recent decline has
resumed, further gain to 117.20/30 n 117.60/70 is
envisaged, however, reckon 117.93 res wud hold fm
here n yield retreat later.

Buy on dips with stop as indicated n only below
116.23 defers n risks 115.78/91...

Range Forecast

116.60 / 117.10

Resistance/Support
R: 117.23/117.93/118.17
S: 116.23/115.91/115.78