Intra-Day USD/JPY Outlook
19 Nov 2013 08:05 GMT
As dlr has fall again after recovering fm 99.57
to 99.93, suggesting downside bias remains for the
decline fm last Fri’s 2-month peak at 100.43 to
resume soon for marginal weakness but nr term loss
of momentum shud keep price abv 99.35.
Lower short entry for 99.50, stop as indicated,
abv wud defer but res at 100.20 shud remain intact.
[B]Rate[/B]
99.72
[B]Strategy/Entry Level[/B]
Sell at 99.90
[B]Objective [/B]
99.50
[B]Stop-Loss[/B]
100.10
[B]Range Forecast[/B]
99.57 / 99.90
[B]Resistance[/B]
R: 99.96 /100.20/100.43
[B]Support[/B]
S: 99.57 / 99.35/ 99.10