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Intra-day usd/jpy outlook
Updating time : 02 Sep 2008 05:29 GMT
Although current sharp retreat signals recovery
fm y'day's 107.62 low has possibly ended at 108.54
n consolidation with downside bias wud be seen, a
breach of 107.77 sup is needed to confirm decline
has resumed twds 107.50.
Abv 108.30/35 wud prolong choppy trading but
only break of 108.54 wud shift risk to upside...
Range Forecast
107.90 / 108.20
Resistance/Support
R: 108.54/108.70/108.97
S: 107.77/107.62/107.28
http://www.acetrader.com
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