USD/JPY - 95.86 .. Although dlr ratcheted higher fm last week's low at 
94.88 to 97.00 this Wednesday, y'day's selloff to 95.70 due to intra-day active 
broad-based unwinding of yen carry trades following the release of much-worse-
than-expected U.S. non-farm payrolls (-476k vs forecast of -355k) confirms 
aforesaid erratic rise has ended there n weakness to chart obj. at 95.31 is 
seen, however, dlr needs to penetrate sup at 95.04 to signal early decline fm 
98.90 has finally resumed, then swift drop to 94.44 n re-test of key daily sup 
at 93.85 (May low) wud follow later next week.
       Selling on intra-day recovery is therefore the 'obvious' strategy as 
regional bourses (AsiaPac & later Europe) are expected to open lower n remain 
under pressure. Despite trading abv NY low of 95.70, upside shud falter well 
below 96.27 (previous sup, now res) n bring resumption of aforeasaid decline to 
indicated downside target n only a firm break abv this res lvl wud prolong cur- 
rent choppy consolidatioon, risk stronger gain to 95.55/60 but good selling 
interest below 97.00 shud keep dlr's upside below there today.