INTRA-DAY USD/JPY OUTLOOK: 121.60
Updating time : 24 May 2007 05:46 GMT
Although dlr has continued to 'gyrate' inside
near term range of 121.31-121.88, only below said
sup wud confirm temp. top has been formed n bring
correction of recent upmove to 121.20 n then twds
120.90/00.
Abv 121.88 wud indicate uptrend has resumed
instead n extend gain to 122.00/05. Stand aside...
Range Forecast
121.45 / 121.70
Resistance/Support
R: 121.88/122.20/122.50
S: 121.31/121.20/120.92
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