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

USD/JPY OUTLOOK - 96.90

Last Update At 16 Jun 2009 02:25 GMT

Although dlr's recovery after intra-day selloff
to 96.70 suggests minor consolidation is in store,
upside shud be ltd to 97.28 (prev. sup) n yield
another decline twds 96.50/55, however, loss of nr
term momentum wud keep price abv 96.15.

Sell again on further rise with stop as indicat
ed, break wud risk 97.59/60 b4 down...

Range Forecast
96.75 / 97.10

Resistance/Support
R: 97.59/ 97.88/ 98.35
S: 96.70/ 96.15/ 95.57

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