INTRA-DAY EUR/JPY OUTLOOK :   115.80

Updating time : 12 Feb 2009 16:24 GMT

Euro's rebound after intra-day fall to 114.90
suggests a temp. low is made n although retracement
twd 116.21 cannot be ruled out, upside shud be ltd n
reckon 116.68 wud hold n bring retreat later.

Below said sup wud extend erratic decline fm
120.04 twd 114.40/50 b4 prospect of a correction
due to nr term loss of momentum. Stand aside...

Range Forecast
115.50 / 116.00

Resistance/Support
R: 116.21/116.68/117.30
S: 114.90/114.22/113.09