INTRA-DAY USD/JPY OUTLOOK - 91.19

Last Update At: 08 Jan 2009 22:53 GMT

As 90.83 has contained y'day's cross-inspired
selloff, dlr's recovery fm there suggests further
consolidation wud be seen in Asia n abv 91.55 (pre-
vious sup) wud bring correction of this week's de-
cline to 91.80/90 b4 prospect of a retreat.

Stand aside n look to sell on pullback for day
trade as below 90.83 wud extend weakness to 90.40..

Range Forecast
+91.25 / 91.55+

Resistance/Support
R: 91.55/ 92.04/ 92.33
S: 90.83/ 90.02/ 89.75

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