[AcetraderFX]

INTRA-DAY USD/JPY OUTLOOK

Although dlr has remained under pressure after
staging a minor recovery fm y'day's 76.14 low to 76
.30, as long as said sup holds, another bounce is
still likely n abv 76.30 wud yield stronger gain to
76.41 n possibly twd 76.55 after consolidation.
Trade fm long side, stop as indicated n only be-
76.05 wud abort n may extend marginally to 75.95.

Range Forecast
76.15 / 76.35

Resistance/Support
R: 76.41 / 76.55 / 76.90
S: 76.14 / 75.95 / 75.33

Rate
76.15

Position
Long at 76.15

Strategy/Entry Level
Hold long

Objective
76.40

Stop-Loss
76.00

Last Update At
01 Feb 2012 01:29 GMT