Intra-day forex trading signal by AceTrader

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USD/JPY OUTLOOK 94.08

Last Update At 20 Feb 2009 06:30 GMT

Dlr's nr term sideways trading is expected to
continue n although recovery to 94.25/30 cannot be
ruled out, break of y'day's 94.47 high is needed to
signal upmove has resumed to 94.75/80, otherwise,
further consolidation is in store.

Below 93.96 wud bring retrace. to 93.60 but
93.27/30 sup shud hold. Stand aside for now...

Range Forecast
94.00 / 94.30

Resistance/Support
R: 94.47 / 94.65 / 95.02
S: 93.96 / 93.27 / 92.75

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