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Update Time:     23 Sep 2008 17:54GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +154.60+

Euro's weakness after breaking 155.23 confirms
the decline fm y'day's high at 156.84 to retrace
recent upmove has resumed, further fall twd 154.54
(prev. res) is envisaged but near term o/sold con-
dition shud limit downside to 154.10/20.

Sell at market with stop as indicated, abv wud
risk stronger recovery twds 155.60 b4 down...

   Rate:     +154.60+
   Strategy:     +Target met+
   Position:     +Short at 155.05+
   Objective:     154.60
   Stop-Loss:     
   Resistance:     155.23/155.60/156.27
   Support:     154.54/153.80/153.13

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Update Time:     23 Sep 2008 09:56GMT
INTRA-DAY USD/CHF OUTLOOK - +1.0800+

Despite dlr's early strg rebound to 1.0857, pre
sent retreat suggests an intra-day top is made n
consolidation with downside bias is seen, below 1.0
800/05 wud signal recovery fm y'day's low at 1.0690
has ended n bring further weakness to 1.0770/80.

Trade fm short side, stop as indicated n wud be
prudent to take profit on decline...

   Rate:     +1.0800+
   Strategy:     +Target met+
   Position:     short at 1.0842
   Objective:     1.0800
   Stop-Loss:     
   Resistance:     1.0857/1.0926/1.0992
   Support:     1.0808/1.0780/1.0726

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Update Time:     23 Sep 2008 09:24GMT
INTRA-DAY GBP/USD OUTLOOK - +1.8550+

Despite intra-day marginal fall to 1.8486, cur-
rent rebound suggests consolidation wud be seen
with upside bias but break of 1.8560 is needed to
signal correction fm 1.8648 has ended there n ex-
tend gain to 1.8587.

Buy with stop below said sup, break wud risk a
stronger retracement to 1.8450/55...

   Rate:     +1.8550+
   Strategy:     +Target met+
   Position:     Long at 1.8509
   Objective:     1.8550
   Stop-Loss:     
   Resistance:     1.8587/1.8598/1.8648
   Support:     1.8482/1.8448/1.8380

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