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INTRA-DAY EUR/USD OUTLOOK - +1.2175+
Update Time: 25 Apr 2018 11:59GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2175+

Although euro's current rebound fm 1.2187 sug-
gests further choppy trading abv y'day's 7-week
trough at 1.2182 wud continue n marginal gain is
likely, reckon 1.2239 (reaction high) wud remain
intact n yield another fall later.

Trade fm short side for this move n only abv
1.2239 wud abort, risk gain twds 1.2250.


   Rate: +1.2175+
   Strategy: +Target met+
   Position: Short at 1.2210
   Objective: 1.2175
   Stop-Loss:
   Resistance: 1.2239/1.2250/1.2300
   Support: 1.2175/1.2155/1.2093
DAILY USD/CAD OUTLOOK - +1.2890+
Update Time: 25 Apr 2018 11:50GMT
DAILY USD/CAD OUTLOOK - +1.2890+

Y'day's rise to 1.2861 suggests correction fm
Mar's peak at 1.3125 has ended at 1.2528 last Tue n
gain twds 1.2903 (61.8% r) is envisaged later.

Trade fm long side for 1.2890 n only below 1.28
00/05 wud risk stronger to 1.2765/70 b4 recovery.


   Rate: +1.2890+
   Strategy: +Target met+
   Position: Long at 1.2820
   Objective: 1.2890
   Stop-Loss: Long at 1.2820
   Resistance: 1.2861/1.2903/1.2924
   Support: 1.2805/1.2770/1.2718
INTRA-DAY USD/JPY OUTLOOK - +109.20+
Update Time: 25 Apr 2018 08:01GMT
INTRA-DAY USD/JPY OUTLOOK - +109.20+

Despite dlr's sharp retreat fm Tue's fresh 2-mth
high of 109.20 to 108.55 in NY as selloff in U.S.
stocks triggered safe-haven yen buying, intra-day
strg rebound suggests pullback is over n recent up-
move wud extend twds 109.40 'later'.

Trade fm long side for 109.20 1st n only a firm
break of 108.50/55 risks retracement to 108.28/31.


   Rate: +109.20+
   Strategy: +Target met+
   Position: Long at 108.85
   Objective: 109.20
   Stop-Loss:
   Resistance: 109.20/109.48/109.79
   Support: 108.55/108.28/108.14
INTRA-DAY EUR/USD OUTLOOK - +1.2190+
Update Time: 25 Apr 2018 07:27GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2190+

Although euro's erratic but strg rise fm European
7-week trough of 1.2182 to 1.2245 in NY Tue due to
selloff in U.S. stocks suggests recent decline has
made a temp. low, intra-day retreat in Asia has re-
tained bearishness, below 1.2197/99, 1.2182 again.

Remain as cautious seller for 1.2190 1st n only
abv 1.2250 risks stronger retracement to 1.2280/85.


   Rate: +1.2190+
   Strategy: +Target met+
   Position: Short at 1.2230
   Objective: 1.2190
   Stop-Loss:
   Resistance: 1.2250/1.2300/1.2329
   Support: 1.2197/1.2182/1.2155
INTRA-DAY GBP/USD OUTLOOK - +1.3950+
Update Time: 25 Apr 2018 07:13GMT
INTRA-DAY GBP/USD OUTLOOK - +1.3950+

Although cable's strg rebound fm y'day's 1-month
bottom at 1.3918 (Asia) to as high as 1.3987 in NY
due to usd's retreat on selloff in U.S. stocks sug-
gests temp. low is made, as price has retreated fm
1.3997 in Asia, downside bias is retained.

Trade fm short side for 1.3950 but 1.3918 wud
hold n only abv 1.4000/05 risks gain to 1.4026/31.


   Rate: +1.3950+
   Strategy: +Target met+
   Position: Short at 1.3985
   Objective: 1.3950
   Stop-Loss:
   Resistance: 1.3997/1.4026/1.4043
   Support: 1.3953/1.3918/1.3903
INTRA-DAY USD/CHF OUTLOOK - +0.9790+
Update Time: 24 Apr 2018 01:25GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9790+

Dlr has finally eased after resumption of recent
upmove to a fresh 3-month peak of 0.9788 in NY n
minor consolidation is envisaged in Asia b4 pros-
pect of further gain to 0.9790/00, however, reckon
res at 0.9846 (Jan high) shud cap upside today.

Trade fm long side for this move n only below
0.9745/48 sup signals temp. top made, risks 0.9722.


   Rate: +0.9790+
   Strategy: +Target met+
   Position: Long at 0.9755
   Objective: 0.9790
   Stop-Loss:
   Resistance: 0.9788/0.9800/0.9846
   Support: 0.9748/0.9722/0.9708
DAILY AUD/JPY CROSS OUTLOOK - +82.55+
Update Time: 20 Apr 2018 14:54GMT
DAILY AUD/JPY CROSS OUTLOOK - +82.55+

Intra-day selloff signals decline fm last Fri's
1-month peak at 84.08 remains in progress n further
weakness twds 82.29 wud be seen b4 rebound.

Trade fm short side for 82.50 1st n only abv 83.
16 wud abort, risk gain twds 83.45.


   Rate: +82.55+
   Strategy: +Target met+
   Position: Short at 83.15
   Objective: +82.55+
   Stop-Loss: Short at 83.15
   Resistance: 83.16/83.45/84.08
   Support: 82.64/82.29/81.91
INTRA-DAY GBP/USD OUTLOOK - +1.4035+
Update Time: 20 Apr 2018 12:58GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4035+

Cable's selloff to as low as 1.4070 y'day on dov
ish comments fm BoE's Carney n intra-day break of
this sup to 1.4036 signals decline fm Tue's 21-mth
trough at 1.4377 has resumed n current rebound wud
yield consolidation b4 down.

Trade fm short side for this move n only abv
1.4107 wud abort, risk gain twds 1.4140/45.


   Rate: +1.4035+
   Strategy: +Target met+
   Position: Short at 1.4070
   Objective: +1.4035+
   Stop-Loss:
   Resistance: 1.4107/1.4145/1.4161
   Support: 1.4036/1.4025/1.4000
DAILY USD/CAD OUTLOOK - +1.2685+
Update Time: 20 Apr 2018 09:14GMT
DAILY USD/CAD OUTLOOK - +1.2685+

Y'day's rally abv 1.2660 to 1.2676 suggests MT
fall fm 1.3125 (Mar) has made a low at Tue's 7-week
trough at 1.2528 n retrace. to 1.2685/95 is seen.

Trade fm long side but 1.2732 shud hold today n
only below 1.2620/30 risks pullback twd 1.2586.


   Rate: +1.2685+
   Strategy: +Target met+
   Position: Long at 1.2610
   Objective: 1.2685
   Stop-Loss: Long at 1.2610
   Resistance: 1.2674/1.2697/1.2732
   Support: 1.2620/1.2586/1.2548
INTRA-DAY EUR/USD OUTLOOK - +1.2315+
Update Time: 20 Apr 2018 09:03GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2315+

Intra-day break of y'day's low at 1.2329 signals
decline fm Tue's peak at 1.2414 has resumed n chop
py trading with downside bias wud be seen for weak-
ness twds 1.2315/20 but 1.2300 shud remain intact n
yield rebound later.

For st trade, hold short for 1.2315 1st n only
abv 1.2355 wud abort, risk gain twds 1.2400.


   Rate: +1.2315+
   Strategy: +Target met+
   Position: Short at 1.2345
   Objective: 1.2315
   Stop-Loss:
   Resistance: 1.2355/1.2400/1.2414
   Support: 1.2324/1.2300/1.2260
INTRA-DAY EUR/GBP OUTLOOK - +0.8725+
Update Time: 19 Apr 2018 07:29GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8725+

Although euro has eased after intra-day rise fm
0.8644 to as high as 0.8722 in Europe on weak U.K.
inflation data n minor consolidation is seen, as
said move suggests recent decline has made temp.
low at 0.8620 on Tue, upside bias remains.

Trade fm long side for 0.8725 n only below 0.86
90 may risk stronger retracement to 0.669/71.


   Rate: +0.8725+
   Strategy: +Target met+
   Position: Long at 0.8695
   Objective: 0.8725
   Stop-Loss:
   Resistance: 0.8722/0.8728/0.8740
   Support: 0.869240.8683/0.8669
DAILY EUR/JPY CROSS OUTLOOK - +133.05+
Update Time: 19 Apr 2018 05:30GMT
DAILY EUR/JPY CROSS OUTLOOK - +133.05+

Despite euro's anticipated retreat fm Mon's 7-
week peak at 132.97 to 132.11 in NY, subsequent re-
bound to 132.91 Wed suggests pullback is over n abv
said res wud extend upmove fm Mar's near 7-month
low at 128.95 twd 133.22 (50% r fm 137.50).

Trade fm long side for 133.05 next as only below
132.11 risks stronger retracement twds 131.81.


   Rate: +133.05+
   Strategy: +Target met+
   Position: Long at 132.30
   Objective: 133.05
   Stop-Loss:
   Resistance: 132.97/133.22/133.65
   Support: 132.43/132.11/131.81
INTRA-DAY GBP/USD OUTLOOK - +1.4205+
Update Time: 18 Apr 2018 23:02GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4205+

Although cable's intra-day strg bounce fm 1.4173
after selloff fm 1.4315 (Europe) on soft UK inflat-
ion data suggests decline fm y'day's 21-month peak
at 1.4377 has made a temp. low n range trading is
in store b4 prospect of another fall twd 1.4145.

Sell on marginal rise for 1.4205 next n only abv
1.4283 may risk stronger gain twd 1.4315 later.


   Rate: +1.4205+
   Strategy: +Target met+
   Position: Short at 1.4245
   Objective: 1.4205
   Stop-Loss:
   Resistance: 1.4283/1.4315/1.4346
   Support: 1.4173/1.4162/1.4145
SPOT SPOT GOLD DAILY OUTLOOK - +1355.00+
Update Time: 18 Apr 2018 13:39GMT
SPOT SPOT GOLD DAILY OUTLOOK - +1355.00+

Although gold's selloff fm last Wed's 2-month
high of 1365.30 to 1333.80 Fri suggests erratic
rise fm 1302.90 (Mar low) has made a top there, sub
sequent rebound to 1350.50 signals 1st leg of dec-
line has ended n consolidation with upside bias re-
mains, abv 1353.30 (61.8% r) wud head twd 1356.90.

Trade fm long side for 1355.00 n only below
1333.80 wud abort bullishness n risk stronger re-
trace. of said upmove to 1327/1328.


   Rate: +1355.00+
   Strategy: +Target met+
   Position: Long at 1340.00
   Objective: 1355.00
   Stop-Loss:
   Resistance: 1353.30/1361.70/1366.10
   Support: 1340.40/1333.80/1331.20
INTRA-DAY EUR/JPY CROSS OUTLOOK - +132.85+
Update Time: 18 Apr 2018 12:39GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +132.85+

Euro's intra-day anticipated rebound n then
gain to 132.91 suggests correction fm Mon's 7-week
peak at 132.97 has ended y'day at 132.11 (NY), how-
ever, present retreat in Europe wud bring further
sideways swings b4 prospect of further gain later.

Trade fm long side for 132.90 n abv 132.97 wud
extend gain twds 133.15/20.


   Rate: +132.85+
   Strategy: +Target met+
   Position: Long at 132.50
   Objective: +132.85+
   Stop-Loss:
   Resistance: 132.97/133.22/133.57
   Support: 132.43/132.34/132.11
INTRA-DAY EUR/GBP OUTLOOK - +0.8718+
Update Time: 18 Apr 2018 08:47GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8718+

Euro's present rally on poor UK inflation data
confirms recent decline has made temporary low at
y'day's nr 11-month trough at 0.8620 n upside bias
is seen for gain twds 0.8723/28 but nr term loss of
momentum wud keep price below 0.8750.

Trade fm long side for 0.8718 n only below 0.86
70 wud abort, risks weakness to 0.8660.


   Rate: +0.8718+
   Strategy: +Target met+
   Position: Long at 0.8688
   Objective: 0.8718
   Stop-Loss:
   Resistance: 0.8706/0.8728/0.8740
   Support: 0.8692/0.8670/0.8660
INTRA-DAY GBP/USD OUTLOOK - +1.4205+
Update Time: 18 Apr 2018 08:37GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4205+

Cable's current selloff on poor UK inflation
data suggests recent upmove has made a temp. top at
y'day's fresh 21-month peak at 1.4377 n downside
bias is seen for a stronger retrace. twds 1.4200/05
but loss of momentum wud keep price abv 1.4185.

Sell at market for this move n only abv 1.4315
wud abort, risk gain twds 1.4330.


   Rate: +1.4205+
   Strategy: +Target met+
   Position: +Short at 1.4246+
   Objective: 1.4205
   Stop-Loss:
   Resistance: 1.4315/1.4330/1.4346
   Support: 1.4221/1.4185/1.4162
INTRA-DAY GBP/USD OUTLOOK - +1.4295+
Update Time: 17 Apr 2018 15:31GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4295+

Despite intra-day rise to a fresh 21-month peak
at 1.4377, subsequent sharp retreat to 1.4305 on
downbeat UK wages data suggests recent upmove has
made a temp. top there n current recovery wud yield
consolidation b4 another fall.

For st trade, trade fm short side for 1.4295 n
only abv 1.4377 wud abort, risk gain twds 1.4384.


   Rate: +1.4295+
   Strategy: +Target met+
   Position: Short at 1.4335
   Objective: 1.4295
   Stop-Loss:
   Resistance: 1.4377/1.4384/1.4403
   Support: 1.4305/1.4297/1.4267
INTRA-DAY EUR/USD OUTLOOK - +1.2410+
Update Time: 17 Apr 2018 07:30GMT
INTRA-DAY EUR/USD OUTLOOK - +1.2410+

Y'day's intra-day rally fm 1.2324 (Asia) to as
high as 1.2395 suggests euro's early correction fm
last week's high at 1.2397 (Wed) has ended n abv
said res wud extend upmove fm Apr's 1-month trough
at 1.2215 to 1.2422 later after consolidation.

Present break abv 1.2397 has retained bullishn-
ness n only below 1.2362 risks 1.2346/48 later.


   Rate: +1.2410+
   Strategy: +Target met+
   Position: Long at 1.2370
   Objective: 1.2410
   Stop-Loss:
   Resistance: 1.2397/1.2422/1.2477
   Support: 1.2362/1.2346/1.2324
INTRA-DAY USD/JPY OUTLOOK - +106.90+
Update Time: 17 Apr 2018 07:04GMT
INTRA-DAY USD/JPY OUTLOOK - +106.90+

Y'day's intra-day decline fm 107.61 to 107.13 in
Asia, then later 107.04 in NY suggests recent cross
inspired upmove has made a top at Fri's 6-week top
at 107.78 n as long as 107.39 (NY high) holds, fur-
ther fall twd 106.82 is seen after consolidation.

Present brief break of 107.04 to 106.97 has re-
tained bearishness n only abv 107.39 risks 107.50.


   Rate: +106.90+
   Strategy: +Target met+
   Position: Short at 107.25
   Objective: 106.90
   Stop-Loss:
   Resistance: 107.16/107.39/107.49
   Support: 106.82/106.62/106.34
INTRA-DAY USD/CHF OUTLOOK - +0.9600+
Update Time: 16 Apr 2018 09:32GMT
INTRA-DAY USD/CHF OUTLOOK - +0.9600+

Usd's current retreat suggests further choppy
trading below last Thur's high at 0.9647 wud con-
tinue with downside bias n below 0.9600 wud yield
stronger retrace. of nr term rise twds 0.9585/90
but 0.9571 shud remain intact.

Hold short for 0.9600 1st n ony abv Apr's 0.9650
high risks one more rise twd 0.9676.


   Rate: +0.9600+
   Strategy: +Target met+
   Position: Short at 0.9635
   Objective: 0.9600
   Stop-Loss:
   Resistance: 0.9639/0.9650/0.9676
   Support: 0.9596/0.9571/0.9556
INTRA-DAY USD/JPY OUTLOOK - +107.22+
Update Time: 16 Apr 2018 05:58GMT
INTRA-DAY USD/JPY OUTLOOK - +107.22+

Dlr's decline fm Fri's 6-week peak of 107.78 to
107.26 in NY signals recent upmove has made a temp.
top n Sat.'s US/allied missile attacks on Syria wud
pressure price to 107.05, break needed to extend
decline twd 106.62 later today or tom.

Intra-day retreat fm 107.61 (AUS) has retained
bearishness n only abv 107.61 risks 107.73/78.


   Rate: +107.22+
   Strategy: +Exit short+
   Position: Short at 107.50
   Objective:
   Stop-Loss:
   Resistance: 107.61/107.78/107.90
   Support: 107.09/106.82/106.62
INTRA-DAY EUR/JPY CROSS OUTLOOK - +132.20+
Update Time: 16 Apr 2018 04:42GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +132.20+

Fri's intra-day selloff fm European 7-week peak
of 132.90 to 132.35 at NY close, then anticipated
safe-haven yen buying on Mon following Sat.'s mis-
sile strikes by U.S./allied force suggests temp.
top is made n wud bring retrace. twd 131.81 later.

Hold short for 132.20 next n only abv 132.66/70
risks another rise twd 133.85/90 b4 correction.


   Rate: +132.20+
   Strategy: +Target met+
   Position: Short at 132.60
   Objective: 132.20
   Stop-Loss:
   Resistance: 132.66/132.90/133.06
   Support: 132.12/131.81/131.62
INTRA-DAY USD/JPY OUTLOOK - +107.75+
Update Time: 13 Apr 2018 11:06GMT
INTRA-DAY USD/JPY OUTLOOK - +107.75+

Intra-day rise abv last Thur's 5-week peak at
107.49 to 107.68 signals erratic upmove fm Mar's
trough at 104.57 has finally resumed n further gain
to 107.75 wud be seen but o/bot condition may cap
price below daily res at 107.90.

Trade fm long side for this move n only below
107.21 signals temp. top is made, risks 107.05/09.


   Rate: +107.75+
   Strategy: +Target met+
   Position: Long at 107.35
   Objective: 107.75
   Stop-Loss:
   Resistance: 107.68/107.90/108.28
   Support: 107.49/107.21/107.09
INTRA-DAY EUR/GBP OUTLOOK - +0.8635+
Update Time: 13 Apr 2018 08:27GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8635+

Euro's intra-day brief break of y'day's fresh 10
-month trough of 0.8644 to 0.8640 in Europe signals
MT decline remains in progress n consolidation with
downside bias is seen for weakness to 0.8630/35 but
0.8612 shud hold n yield correction.

Hold short for 0.8635 n only abv 0.8670/71 risks
stronger retracement to 0.8695/00 b4 down.


   Rate: +0.8635+
   Strategy: +Target met+
   Position: Short at 0.8665
   Objective: 0.8635
   Stop-Loss:
   Resistance: 0.8681/0.8701/0.8728
   Support: 0.8640/0.8612/0.8600
DAILY GBP/USD OUTLOOK - +1.4275+
Update Time: 13 Apr 2018 07:54GMT
DAILY GBP/USD OUTLOOK - +1.4275+

Cable's intra-day rally fm 1.4145 (Europe) n
then brief break of Mar's 1.4244 high due to broad-
based buying of sterling suggests re-test of 2018
18-month peak at 1.4346 (Feb) wud be seen next week
, today, reckon 1.4300/05 wud cap upside.

Trade fm long side for 1.4275/78 n only below
1.4185 signals temp. top made, risks 1.4145/55.


   Rate: +1.4275+
   Strategy: +Target met+
   Position: Long at 1.4200
   Objective: 1.4275
   Stop-Loss:
   Resistance: 1.4278/1.4305/1.4346
   Support: 1.4219/1.4185/1.4145
INTRA-DAY GBP/USD OUTLOOK - +1.4260+
Update Time: 13 Apr 2018 07:17GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4260+

Cable has finally retreated after y'day's cross-
inspired rally abv Mar's 1.4244 high to a 9-week
peak of 1.4247 confirms recent upmove has resumed n
expect consolidation b4 heading twd next daily obj.
at 1.4278, reckon 1.4300/05 shud cap upside.

Hold long for 1.4265 n only below 1.4100/05 sug-
gests a temp. top is made, risks 1.4185 (NY low).


   Rate: +1.4260+
   Strategy: +Target met+
   Position: Long at 1.4225
   Objective: +1.4260+
   Stop-Loss:
   Resistance: 1.4278/1.4305/1.4346
   Support: 1.4219/1.4185/1.4160
INTRA-DAY AUD/USD OUTLOOK - +0.7790+
Update Time: 13 Apr 2018 06:17GMT
INTRA-DAY AUD/USD OUTLOOK - +0.7790+

Aud's intra-day brief break abv this week's 0.77
73 high (Wed) confirms early rise fm Mar's 3-month
trough at 0.7643 has resumed n further gain to next
daily obj. at 0.7793 is envisaged after minor conso
lidation, however, reckon 0.7820/25 shud hold.

Trade fm long side for 0.7790 n only below 0.77
38 signals temporary top is made, risks 0.7712/17.


   Rate: +0.7790+
   Strategy: +Target met+
   Position: Long at 0.7755
   Objective: 0.7790
   Stop-Loss:
   Resistance: 0.7773/0.7783/0.7793
   Support: 0.7738/0.7711/0.7692
INTRA-DAY EUR/JPY CROSS OUTLOOK - +132.45+
Update Time: 13 Apr 2018 01:21GMT
INTRA-DAY EUR/JPY CROSS OUTLOOK - +132.45+

Despite y'day's intra-day fall fm 132.32 in Asia
to as low as 131.81 in Europe, subsequent strong
rebound suggests recent decline fm Tue's 6-wk high
of 132.62 has made a low there n consolidation with
upside bias is seen for gain to 132.45/50.

Trade fm long side for 132.45 n only below 131.
81 wud defer, risk weakness twds 131.62.


   Rate: +132.45+
   Strategy: +Target met+
   Position: Long at 132.05
   Objective: 132.45
   Stop-Loss:
   Resistance: 132.48/132.62/132.86
   Support: 132.04/131.81/131.62
INTRA-DAY GBP/USD OUTLOOK - +1.4232+
Update Time: 12 Apr 2018 14:42GMT
INTRA-DAY GBP/USD OUTLOOK - +1.4232+

Cable's intra-day cross-inspired rally fm 1.4145
(Reuters) suggests pullback fm y'day's 2-week high
at 1.4223 has ended n recent upmove wud bring re-
test of Mar's 1.4244 high, break there needed to
retain bullishness for further headway twd 1.4278.

Present retreat fm 1.4219 wud bring range trad-
ing b4 up n only below 1.4173 risks 1.4150/60.


   Rate: +1.4232+
   Strategy: +Exit long+
   Position: Long at 1.4200
   Objective:
   Stop-Loss:
   Resistance: 1.4223/1.4244/1.4278
   Support: 1.4199/1.4173/1.4160
WEEKLY EUR/CHF CROSS OUTLOOK - +1.1880+
Update Time: 11 Apr 2018 08:22GMT
WEEKLY EUR/CHF CROSS OUTLOOK - +1.1880+

Euro's resumption of upmove fm Feb's 1.1447 low
to 1.1803 last Thur suggests re-test of Jan's near
3-year peak at 1.1833 wud be seen after consolida-
tion, abv wud head to 1.1880/90, 'loss of upward
momentum' wud prevent strg gain n reckon 1.1917 wud
cap upside n yield a much-needed correction.

Trade fm long side for this move n only a daily
close below 1.1734 sup signals top is made, risks
stronger retrace. of the rise fm 1.1447 twd 1.1668.


   Rate: +1.1880+
   Strategy: +Target met+
   Position: Long at 1.1740
   Objective: 1.1880
   Stop-Loss:
   Resistance: 1.1806/1.1833/1.1917
   Support: 1.1734/1.1692/1.1652
INTRA-DAY USD/JPY OUTLOOK - +110.20+
Update Time: 05 Feb 2018 15:01GMT
INTRA-DAY USD/JPY OUTLOOK - +110.20+

Although dlr's cross-inspired retreat fm Fri's
10-day high at 110.48 to 109.65 today confirms erra
tic rise fm Jan's 4-month trough at 108.29 has made
a temp. top, as intra-day renewed usd's strength
has lifted price, upside bias is seen.

Buy again for 110.20 but abv 110.29 (NZ) needed
to re-test 110.48. Below 109.65 risks 109.23/28.


   Rate: +110.20+
   Strategy: +Target met+
   Position: +Long at 109.80+
   Objective: 110.20
   Stop-Loss:
   Resistance: 110.29/110.48/110.75
   Support: 109.65/109.53/109.23
 

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