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Update Time:     05 Feb 2009 07:14GMT
DAILY EUR/JPY OUTLOOK - 114.82

Despite euro's anticipated weakness, below sup
at 114.22 (y'day's low) is needed to signal rise fm
113.09 has indeed ended y'day at 117.04 n extend
further subsequent fall to 113.60/70 b4 prospect of
a rebound due to nr term loss of momentum.

Wud be prudent to exit short n stand aside. Abv
115.40 prolongs choppy trading, 115.82 n 116.30/40.

   Rate:     114.82
   Strategy:     Exit short
   Position:     Short at 115.55
   Objective:     
   Stop-Loss:     
   Resistance:     115.03/115.82/116.75
   Support:     114.22/113.09/112.08
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Update Time:     04 Feb 2009 16:10GMT
DAILY EUR/USD OUTLOOK - +1.2850+

Euro's intra-day selloff fm 1.3071 signals
corrective rise fm 1.2706 has formed a top there,
consolidation with downside bias is seen for fall
to 1.2801, below wud encourage for weakness to
1.2737 but said sup wud hold on 1st testing.

Sell on recovery with stop as indicated, break
wud prolong choppy trading n risk 1.3000...

   Rate:     +1.2850+
   Strategy:     +Target met+
   Position:     +Short at 1.2935+
   Objective:     +1.2850+
   Stop-Loss:     
   Resistance:     1.2955/1.3006/1.3071
   Support:     1.2801/1.2737/1.2706
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Update Time:     04 Feb 2009 09:11GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1530+

Dlr's intra-day breach of 1.1492 res signals
a temp. low has been formed at 1.1401 y'day n mild
upside bias is seen for retrace. to 1.1530/35 but
reckon res at 1.1578 (prev. sup) wud hold fm here n
yield another fall.

Venture long with stop as indicated, break wud
prolong choppy trading n risk 1.1410/15...

   Rate:     +1.1530+
   Strategy:     +Target met+
   Position:     +Long at 1.1485+
   Objective:     1.1530
   Stop-Loss:     
   Resistance:     1.1578/1.1613/1.1669
   Support:     1.1401/1.1332/1.1315
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