INTRA-DAY USD/JPY OUTLOOK - 90.41

Last Update At: 24 Dec 2008 02:30 GMT

As dlr has retreated on cross unwinding in yen
after failing to penetrate res at 90.99, suggesting
caution on our intra-day long n 90.15/20 must hold
for resumption of erratic rise fm 87.13 to re-test
said res n then 91.20/30.

Trade fm long side with stop as indicated n only
below 89.89 signals temp. top has been formed...

Range Forecast
90.30 / 90.60

Resistance/Support
R: 90.99/ 91.35/ 91.99
S: 89.89/ 89.54/ 89.10

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