Intra-day forex trading signal by AceTrader : USD/JPY

USD/JPY OUTLOOK - 98.36

Last Update At 11 May 2009 01:56 GMT

As dlr has remained under pressure on cross-
buying in yen, suggesting decline fm 99.80 top has
resumed n weakness to 98.15 is now envisaged but
reckon 97.94 sup wud hold fm here due to nr term
o/sold condition.

Sell on pullback with stop as indicated, only
abv 98.83 wud risk recovery to 99.03/04 b4 down...

Range Forecast
98.20 / 98.55

Resistance/Support
R: 98.87/ 99.23 / 99.60
S: 97.94 / 97.61/ 97.22

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