INTRA-DAY USD/JPY OUTLOOK
Although dlr has rebounded after finding renewed
buying at 82.12 n consolidation with upside bias
wud be seen, a breach of intra-day res at 82.53 is
needed to confirm pullback fm Fri's 10-month high
of 82.65 has ended, yield re-test of this lvl.
Wud be prudent to exit long n look to buy dlr on
dips as 81.87 (prev. res) shud remain intact.
Range Forecast
82.20 / 82.40
Resistance/Support
R: 82.65 / 82.83 / 83.10
S: 82.12 / 81.87 / 81.47
Rate
82.28
Strategy/Entry Level
Stand aside
Last Update At
12 Mar 2012 06:03 GMT