INTRA-DAY USD/JPY OUTLOOK
Although dlr has retreated after intra-day brief
bounce to 82.43, as long as y'day's Asian 82.11 low
holds, consolidation with upside bias remains but
breach of 82.53 needed to confirm pullback fm Fri's
10-month 82.65 high has ended, 82.65 n 82.83.
Stand aside ahead of BOJ rate decision. Below
82.11 wud bring stronger retrace. to 81.87.
Range Forecast
82.11 / 82.43
Resistance/Support
R: 82.65 / 82.83 / 83.10
S: 82.11 / 81.87 / 81.47
Rate
82.28
Strategy/Entry Level
Stand aside
Last Update At
13 Mar 2012 04:05 GMT