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Update Time:     22 Apr 2009 13:53GMT
INTRA-DAY USD/CHF OUTLOOK - +1.1600+

Dlr's retreat after meeting renewed selling at
1.1690 suggests erratic decline fm 1.1742 top has
resumed for retrace. of recent upmove to 1.1600 but
downside wud be ltd to 1.1560/70 n reckon 1.1520/30
wud hold n yield rebound.

Sell with stop as indicated, break wud prolong
choppy trading n risk 1.1690/00 1st...

   Rate:           +1.1600+
   Strategy:     +Target met+
   Position:      +Short at 1.1640+
   Objective:   +1.1600+
   Stop-Loss:     
   Resistance:    1.1723/1.1742/1.1777     
   Support:        1.1576/1.1559/1.1500

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Update Time:     22 Apr 2009 12:23GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8930+

As euro has risen after finding renewed buying
at 0.8830/35, suggesting upside bias remains for
gain twd 0.8915/16 res, however, only a break wud
extend upmove fm 0.8787 to retrace recent decline
to 0.8950/55.

Buy at market with stop as indicated, below wud
risk weakness to 0.8830/35 but 0.8814/15 wud hold..

   Rate:           +0.8930+
   Strategy:     +Target met+
   Position:      +Long at 0.8900+
   Objective:   0.8930 
   Stop-Loss:     
   Resistance:    0.8955/0.8968/0.9021     
   Support:        0.8814/0.8787/0.8726

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Update Time:     22 Apr 2009 12:22GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4505+

Current sharp retreat on comments fm U.K.'s
Darling suggests further weakness to 1.4480/90 wud
be seen, however, breach of 1.4467 sup is needed to
confirm decline has resumed to 1.4440/45 but reckon
1.4400/10 wud hold.

Sell with stop as indicated, break wud prolong
choppy trading n risk 1.4640/50...

   Rate:           +1.4505+
   Strategy:     +Target met+
   Position:      +Long at 1.4550+
   Objective:   1.4505 
   Stop-Loss:     
   Resistance:     1.4674/1.4708/1.4756
   Support:         1.4520/1.4467/1.4410

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Update Time:     22 Apr 2009 11:46GMT
INTRA-DAY GBP/USD OUTLOOK - 1.4655

Current price action suggests as long as 1.4600
holds, nr term upside bias is seen for intra-day
rebound fm 1.4520 to extend twd 1.4674, however, as
broad outlook is consolidative, reckon y'day's
high at 1.4708 wud remain intact.

Venture long n exit on such move, stop below
said sup, break wud risk weakness to 1.4550/60...

   Rate:          +1.4655+
   Strategy:     +Target met+
   Position:      +Long at 1.4612+
   Objective:   1.4655  
   Stop-Loss:     
   Resistance:     1.4687/1.4708/1.4756
   Support:         1.4570/1.4520/1.4467

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Update Time:     22 Apr 2009 01:47GMT
INTRA-DAY EUR/JPY OUTLOOK - 127.09

Despite euro's anticipated fall after meeting
renewed selling at 127.86, below sup at 126.53 is
needed to signal recent decline has resumed n bring
a re-test of y'day's low at 126.10, otherwise,
further consolidation is likely in Asia.

Exit intra-day short n look to sell again on
recovery as aforesaid res at 127.86 shud cap upside

   Rate:           127.09
   Strategy:     Exit short
   Position:     Short at 127.50
   Objective:     
   Stop-Loss:     
   Resistance:     127.54/127.86/128.13
   Support:         126.53/126.10/125.45
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