INTRA-DAY USD/JPY OUTLOOK
Despite extending the selloff fm y'day's high of
84.10 to 83.14 in Tokyo morning, subsequent rebound
to 83.47 suggests consolidation with mild upside
bias wud be seen but abv 83.52/54 needed to signal
an intra-day low is made n yield gain to 83.76 res.
Below 83.14 may bring re-test of 83.02 sup but
reckon 82.81/86 wud remain intact. Stand aside.
Range Forecast
83.23 / 83.47
Resistance/Support
R: 83.52 / 83.76 / 84.10
S: 83.14 / 83.02 / 82.86
Rate
83.32
Strategy/Entry Level
Stand aside
Last Update At
22 Mar 2012 02:22 GMT