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INTRA-DAY EUR/JPY CROSS OUTLOOK by AceTrader
Updating time : 20 Oct 2008 06:29 GMT
Intra-day anticipated rise signals the erratic
upmove fm 133.40 to retrace decline fm 141.74 shud
extend to 138.00/10 n possibly 138.40 but o/sold
condition shud cap upside below res at 138.96 n
risk has increased for a retreat later.
Buy again on pullback with as indicated, below
wud prolong choppy trading n risk 136.70/80...
Range Forecast
137.60 / 138.00
Resistance/Support
R: 138.14/138.55/138.96
S: 137.20/136.41/135.93
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