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Update Time:     07 May 2009 01:32GMT
WEEKLY AUD/JPY CROSS OUTLOOK - +74.00+

A$'s rally fm 66.87 signals MT erratic rise fm
'08 low at 55.16 has resumed n further headway twds
74.49 is seen but reckon 76.00 wud limit upside.

Buy pullback n exit on subsequent upmove, stop
as indicated, below wud risk retrace. to 69.30/40..

   Rate:     +74.00+
   Strategy:     +Target met+
   Position:     +Long at 72.00+
   Objective:     74.00
   Stop-Loss:     
   Resistance:     74.49 / 76.84 / 79.82
   Support:     71.33 / 70.34 / 66.87
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Update Time:     07 May 2009 14:45GMT
WEEKLY EUR/YEN CROSS OUTLOOK - +132.70+

Euro's rally fm 124.38 suggests correction fm
137.42 has possibly ended there n consolidation
with upside bias wud be seen n gain to 134.33 res
is likely, however, breach is needed to confirm n
yield further headway to 135.64 but reckon said top
wud hold on 1st testing.

Buy on dips with stop as indicated, break wud
prolong choppy trading n may bring weakness to 127.
31, however, 126.10 shud contain downside...

   Rate:     +132.70+
   Strategy:     +Target met+
   Position:     +Long at 130.00+
   Objective:     +132.70+
   Stop-Loss:     
   Resistance:     134.33/137.42/140.00
   Support:     129.28/127.31/124.38
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Update Time:     07 May 2009 18:21GMT
INTRA-DAY AUD/USD OUTLOOK - 0.7522

Although aussie's anticipated weakness suggests
intra-day fall fm 0.7516 to retrace recent upmove
may extend marginally, near term o/sold condition
shud limit downside n reckon 0.7504 (prev. res) wud
hold n yield rebound.

Wud be prudent to exit short n stand aside. Only
abv 0.7565/75 indicates pullback is over, 0.7592...

   Rate:     0.7522
   Strategy:     Exit short
   Position:     Short at 0.7560
   Objective:     
   Stop-Loss:     
   Resistance:     0.7592/0.7616/0.7635
   Support:     0.7504/0.7459/0.7420

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