Tuesday June 21, 2005 - 01:37:42 GMT
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USD/JPY Daily Outlook
USD/JPY - 109.35
Update time - 01:30GMT
Next update - 08:30GMT
Dollar's rebound yesterday after finding buying interest above Friday's low at 108.50 suggests the correction from 109.72 has ended and a re-test of this top is envisaged, above would extend upmove to 'psychological' 110.00 level later.
Only below 108.50 would bring stronger correction to 108.10/20 before another rise is seen.
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