AceTraderForex Jan 20 : Intraday Market Outlook on USD/JPY

[B][U]INTRA-DAY[/U] USD/JPY OUTLOOK - 104.04
20 Jan 2014[/B] [I]02:04GMT[/I]

Although initial cross-buying of yen pushed dlr
below prev. sup at 104.15 (Thur) to 103.87 in Asia,
present rebound suggests erratic fall fm 104.92
(Thur) has possibly made a temp. low n choppy conso
lidation is seen, abv 104.21 wud yield 104.35/40.

Stand aside n sell dlr on further rise to 104.40
or buy on next decline to 103.80.