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Old 08-11-2008, 06:40 PM
AceTraderFX AceTraderFX is offline
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Join Date: Oct 2007
Posts: 100
Default DAILY USD/JPY OUTLOOK by AceTrader

Updating time : 11 Aug 2008 23:06 GMT

Dlr's firmness vs other majors shud provide
support to price here n abv 110.40 wud confirm re-
cent upmove has once again resumed, yield further
gain to 110.70/80 n possibly 111.00 b4 correction
occurs due to near term 'loss of momentum'.

Buy on pullback with stop as indicated n only
below 109.13 signals top is in place, 108.70/80...

Resistance/Support
R: 110.40/110.80/111.00
S: 109.55/109.13/108.59

http://www.acetraderfx.com
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