INTRA-DAY USD/JPY OUTLOOK

As intra-day dlr's broad-based rebound has lifted
price at Tokyo open, suggests consolidation with
upside bias remains for marginal gain to 77.30/35,
firm break there wud signal pullback fm 7.58 (Wed)
has ended n yield further headway twd there.
Exit prev. short as below 77.02 needed to extend
aforesaid decline twd 76.84 later today.


Range Forecast
77.15 / 77.35

Resistance/Support
R: 77.34 / 77.58 / 77.88
S: 77.02 / 76.93 / 76.84

Rate
77.26

Position
Short at 77.20

Last Update At
25 Nov 2011 00:38 GMT