USD/JPY Outlook

[acetrader007]

Despite dollar's weakness to 110.75 subsequent
strong rebound indicates decline 112.88 has
made a low there further choppy tradind
inside 109.87-113.73 broad range would be seen
with upside bias for gain towards said res
possibly 113.35/40 however as broad outlook
remains consolidative res at 113.73 is expected
to remain intact.

On the downside below 111.92 (last Friday's New
York low) would signal an intra-day top is made
bring subsequent weakness but said sup at
110.75 is expected to remain intact.