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Update Time:     28 Apr 2009 07:18GMT
DAILY GBP/JPY CROSS OUTLOOK - 139.35

Although sterling's breach of 140.18 confirms
recent decline has resumed, o/sold condition shud
limit downside to 138.60/70 n yield rebound later.

Exit short at 139.90 n stand aside. Abv 140.18
wud bring correction to 141.00/10 b4 down...

   Rate:     139.35
   Strategy:     Exit short
   Position:     Short at 139.90
   Objective:     
   Stop-Loss:     
   Resistance:     140.18/141.26/142.08
   Support:     139.05/138.60/138.00
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Update Time:     28 Apr 2009 06:04GMT
INTRA-DAY EUR/JPY OUTLOOK - +124.60+

As euro has remained under pressure after intra-
day breach of 125.65 (y'day's low), suggesting the
decline fm 137.42 wud extend to 124.50/60 n then
twd 124.30, however, o/sold condition has increased
risk of a rebound.

Sell on minor pullback with stop as indicated,
break wud yield correction to 125.60/70 b4 down...

   Rate:     +124.60+
   Strategy:     +Target met+
   Position:     +Short at 125.10+
   Objective:     +124.60+
   Stop-Loss:     
   Resistance:     125.15/125.65/126.07
   Support:     124.40/124.00/123.62
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Update Time:     28 Apr 2009 00:32GMT
DAILY AUD/USD OUTLOOK - 0.7053

Although aussie's anticipated selloff suggests
the rise fm 0.6953 has ended earlier at 0.7240, a
breach of 0.7002 is needed to signal another leg of
decline fm this month's high at 0.7328 is under way
for re-test of 0.6953 n then 0.6890/00.

Wud be prudent to exit short n then stand aside.
Abv 0.7120/25 wud prolong consolidation, 0.7160/70.

   Rate:     0.7053
   Strategy:     Exit short
   Position:     Short at 0.7145
   Objective:     
   Stop-Loss:     
   Resistance:     0.7123/0.7171/0.7240
   Support:     0.7002/0.6953/0.6865
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