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Update Time:     23 Jan 2009 09:45GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +112.65+

Euro's retreat after meeting renewed selling at
113.79 signals intra-day decline has resumed n be-
low 113.03 wud extend weakness twds 112.40/50, how-
ever, near term o/sold condition shud prevent sharp
move below there n 112.08 low wud hold.

Sell at market with stop as indicated, break wud
prolong choppy trading n risk 113.79...

   Rate:     +112.65+
   Strategy:     +Target met+
   Position:     +Short at 113.15+
   Objective:     112.65
   Stop-Loss:     
   Resistance:     113.79/114.20/114.89
   Support:     112.49/112.08/111.50
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Update Time:     23 Jan 2009 08:25GMT
INTRA-DAY AUD/USD OUTLOOK - 0.6450

Despite aud's anticipated resumption of recent
decline to 0.6438, subsequent bounce suggests conso
lidation is seen n upside risk is for a recovery
twd 0.6480/90, however, 0.6525 shud limit gain n
yield another selloff later.

Exit short n stand aside. Below said sup extends
to 0.6405/15 b4 correction due to loss of momentum.

   Rate:     0.6450
   Strategy:     Exit short
   Position:     Short at 0.6490
   Objective:     
   Stop-Loss:     
   Resistance:     0.6490/0.6525/0.6562
   Support:     0.6438/0.6409/0.6332
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Update Time:     23 Jan 2009 07:54GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +113.60+

Euro's intra-day selloff suggests a re-test of
113.97 (y'day's low) is seen n break wud signal the
correction fm this week's low at 112.08 has ended
earlier at 116.95, extend weakness twd 113.40/50 b4
rebound due to nr term o/sold condition.

Sell at market with stop as indicated, abv wud
prolong choppy trading n risk 114.85/95...

   Rate:     +113.60+
   Strategy:     +Target met+
   Position:     +Short at 114.20+
   Objective:     113.60
   Stop-Loss:     
   Resistance:     114.89/115.21/115.53
   Support:     112.49/112.08/111.50
INTRA-DAY USD/CHF OUTLOOK - +1.1610+
Update Time:     23 Jan 2009 07:42GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1610+

Although dlr has eased after failing to pene-
trate indicated res at 1.1597, this move looks cor-
rective n as long as 1.1540/45 holds, upside bias
remains for another rise twds 1.1617 n break there
wud extend recent upmove to 1.1640/50.

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Trade fm long side with stop as suggested, be-
low wud prolong consolidation n risk 1.1510/20...

   Rate:     +1.1610+
   Strategy:     +Target met+
   Position:     Long at 1.1570
   Objective:     1.1610
   Stop-Loss:     
   Resistance:     1.1617/1.1686/1.1747