USD/JPY - 89.23.. The greenback spent a lacklustre day moving virtually 
sideways y'day inside a narrow range of 89.15-89.55 in Asia, Europe & NY as 
financial woes in the eurozone countries took centre stage n traders continued 
to pay close attention to any new developments regarding Greece's debt problem.
       As the hourly bollinger bands have contracted after last week's selloff 
to 88.55, suggesting near term sideways trading wud continue today, having said 
that, as long as 89.89 (Friday's reaction high) holds, downside bias remains for 
dlr's recent cross-inspired decline fm 93.78 to resume, a firm breach of 88.82 
wud signal such move is under way n weakness twd dynamic sup at 88.24 wud be 
seen, being 61.8% r of the major rise fm 84.82-93.78, however, as hourly oscilla 
tors' readings wud display prominent bullish convergences on such a move, reckon 
daily chart sup at 87.36 wud remain intact n yield strg rebound later this week.
       Today, selling dlr on intra-day recovery for day trade is recommended as 
only abv 89.89 wud defer bearishness n risk stronger retracement of aforesaid 
decline fm 93.78 to 90.55 (being minimum 38.2% r).