INTRA-DAY USD/JPY OUTLOOK: 96.75

Updating time : 25 Nov 2008 02:26 GMT

Dlr's cross-inspired retreat fm 97.44 (Aust.)
suggests an intra-day top has been formed n further
consolidation below there wud be seen, bring correc
tion of y'day's rally to 96.30/40 but 96.08 (prev.
res) shud hold n yield rebound later today.

Buy on marginal weakness but abv 97.00/05 needed
to bring re-test of said intra-day high...

Range Forecast
96.35 / 96.75

Resistance/Support
R: 96.94/ 97.44/ 97.56
S: 96.48/ 96.08/ 95.56

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