DAILY USD/JPY OUTLOOK - 93.29
06 Mar 2013 08:10GMT
Although dlr has risen on renewed cross-selling in yen after y'day's intra-day retreat fm 93.54 to
92.92, abv Mon's 93.73 high is needed to signal correction fm last Mon's 33-month peak at 94.77 over n extend erratic rise fm 90.85 to 94.14.
Below 92.92 wud prolong recent 'choppy' trading n yield stronger retrace. to 92.44. Stand aside.
STRATEGY: Stand aside
RES : 93.73 / 94.14 / 94.77
SUP : 92.92 / 92.44 / 92.01
06 Mar 2013 08:10GMT
Although dlr has risen on renewed cross-selling in yen after y'day's intra-day retreat fm 93.54 to
92.92, abv Mon's 93.73 high is needed to signal correction fm last Mon's 33-month peak at 94.77 over n extend erratic rise fm 90.85 to 94.14.
Below 92.92 wud prolong recent 'choppy' trading n yield stronger retrace. to 92.44. Stand aside.
STRATEGY: Stand aside
RES : 93.73 / 94.14 / 94.77
SUP : 92.92 / 92.44 / 92.01
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