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Update Time:     11 Mar 2009 03:20GMT
INTRA-DAY USD/JPY OUTLOOK - 98.35

Despite dlr's brief bounce to 98.86 on cross
selling in jpy, subsequent retreat after faltering
below 98.93 (y'day's NY res) suggests consolidation
with downside bias is seen n pullback twds 98.18/20
envisaged but 97.90 sup wud hold fm here.

Wud be prudent to exit short n look to sell
again on recovery as 98.93 res wud remain intact...

   Rate:     98.35
   Strategy:     Exit short
   Position:     Short at 98.75
   Objective:     
   Stop-Loss:     
   Resistance:     98.93 / 99.19 / 99.69
   Support:     98.18 / 97.90 / 97.55
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Update Time:     10 Mar 2009 04:06GMT
DAILY EUR/USD OUTLOOK - 1.2665

Despite present anticipated rebound after
holding abv y'day's low of 1.2555, a breach of
1.2728 is needed to confirm pullback fm 1.2755 is
over n yield another corrective rise fm 1.2457 low
to 1.2755 n then twds 1.2811.

Wud be prudent to exit long n look to buy again
on dips as 1.2555 shud contain downside...

   Rate:     1.2665
   Strategy:     Exit long
   Position:     Long at 1.2600
   Objective:     
   Stop-Loss:     
   Resistance:     1.2728/1.2755/1.2811
   Support:     1.2626/1.2555/1.2482
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Update Time:     09 Mar 2009 23:37GMT
INTRA-DAY EUR/JPY OUTLOOK - 124.70

Although euro has rebounded fm 126.35, a rise
abv 125.05 is needed to signal pullback fm y'day's
high of 125.50 has ended n yield further gain to
125.75, break wud signal recent upmove has resumed
for re-test of major res at 126.09.

Wud be prudent to exit long n look to buy on
dips for day trade as recommended...

   Rate:     124.70
   Strategy:     Exit long
   Position:     Long at 124.40
   Objective:     
   Stop-Loss:     
   Resistance:     125.50/125.75/126.09
   Support:     124.35/123.98/123.54
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