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USD/JPY Daily Market Outlook by AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
USD/JPY : +90.25+
Last Update At 01 Feb 2010 05:44 GMT
Although dlr has remained under pressure after a
brief bounce fm 89.76 (Aust.) to 90.39 due to renew
ed cross buying of yen n choppy trading with down-
side bias is seen, only below said intra-day low
wud extend Friday's decline fm 90.93 twd 89.57.
Still favour selling on recovery as only abv res
at 90.56/67 wud risk stronger gain twd 90.93.
Range Forecast
89.90 / 90.25
Resistance/Support
R: 90.39/90.56/90.93
S: 89.76/89.57/89.14
http://www.acetraderfx.com
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