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Update Time: 01 Mar 2010 11:43GMT
INTRA-DAY EUR/JPY OUTLOOK - +121.20+

Despite euro's intra-day rise to 121.90, subse-
quent retreat suggests choppy sideways trading be-
low there is in store n further weakness to 121.10/
20 wud be seen, however, reckon 120.84 wud hold in
Europe n yield pullback later.

Venture short with stop as indicated, abv sig-
nals corrective rise resumed instead, 122.20/30.

   Rate:             +121.20+
   Strategy:       +Target met+
   Position:        +Short at 121.60+
   Objective:      +121.20+
   Stop-Loss: 
   Resistance:    121.90/122.00/122.29
   Support:        121.04/120.84/120.51
 
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Update Time: 01 Mar 2010 12:17GMT
WEEKLY GBP/USD OUTLOOK - +1.5080+

Last week's breach of 1.5345 sup (now res) con-
firms MT downtrend fm 1.7044 has resumed to retrace
the major rise fm 1.3500 (Jan 09') n weakness to
1.5060/70 is now envisaged, o/sold condition may
keep cable abv 1.5000 n bring correction later.

Hold short in anticipation of such decline with
stop now abv 1.5345 as a move back abv there wud
signal temporary low is in place n risk stronger
retrace. to 1.5395 but reckon 1.5476 shud hold.

   Rate:                  +1.5080+
   Strategy:             +Target met+
   Position: Short at 1.5280
   Objective:           1.5080
   Stop-Loss: 
   Resistance:          1.5345/1.5395/1.5476
   Support:              1.5104/1.5000/1.4892
 
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Update Time: 01 Mar 2010 11:36GMT
INTRA-DAY USD/CHF OUTLOOK - 1.0775

Despite dlr's brief drop to around 1.0720,
subsequent rebound after finding renewed buying abv
1.0710 suggests further choppy consolidation abv
last Friday's low of 1.0695 wud be seen with upside
bias for gain to 1.0780 n then twds 1.0800.

Wud be prudent to exit long n look to buy again
on dips as 1.0695 sup is expected to remain intact.

   Rate:                  1.0775
   Strategy:             Exit long
   Position: Long at 1.0740
   Objective: 
   Stop-Loss: 
   Resistance:          1.0800/1.0849/1.0880
   Support:              1.0710/1.0695/1.0647
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