USD/JPY - 90.02.. The greenback remained under pressure right at Tokyo 
opening n pierced through previous day's low at 90.15 due to broad-based buying 
of yen, price later ratcheted lower to 89.63 b4 stabilising. However, the pair 
was able to stage a rebound in NY session when European currencies pared intra- 
day losses n a return of risk appetite lifted dlr back to 90.07 (Australia).
       Y'day's rebound fm 89.63 suggests dlr's pullback fm Monday's high of 
90.69 has possibly ended there n a firm breach of 90.15 wud add credence to 
this view, yield subsequent gain to 90.50 but price needs to penetrate this near 
term pivotal res is needed to confirm the upmove fm last week's low at 88.14 has 
once again resumed n yield further headway twds chart obj. at 91.10 later.
       Today, we're buying dlr again on dips as the contraction in the hourly 
bollinger bands suggests initial sideways trading is in store b4 prospect of 
further upmove to 90.50. On the downside, in the event dlr fails to take out 
90.15 res n drops below said y'day's low, then risk is seen for one more fall 
twd 89.45/49 but dynamic sup 89.11 (61.8% r of 88.14-90.69) shud remain intact.