INTRA-DAY USD/JPY OUTLOOK
Despite dlr's sideways trading after extending
uptrend 2011 record low of 75.32 (OCT) to 84.18 in
Asia, as long as sup 83.83 (prev. res) holds, mild
upside bias remains for marginal gain twds 84.31 b4
correction occurs due to nr term o/bot condition.
Buy on dips with stop as indicated n only below
83.50/57 signals temp. top is made n risks 83.31...
Range Forecast
83.83 / 84.18
Resistance/Support
R: 84.18 / 84.31 / 84.52
S: 83.83 / 83.57 / 83.31
Rate
84.07
Strategy/Entry Level
Buy at 83.85
Objective
84.20
Stop-Loss
83.65
Last Update At
15 Mar 2012 05:48 GMT