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

USD/JPY OUTLOOK 98.27

Last Update At 16 Mar 2009 02:32 GMT

Although dlr has retreated after meeting minor
selling at 98.50, as the intra-day cross-inspired
rebound fm 97.55 (Aust.) suggests correction fm
Friday's 98.67 high has ended, downside shud be ltd
n yield another rise to 98.67 n then twds 98.93.

Trade fm long side with stop as indicated, below
prolongs consolidation n risk weakness to 97.70/80.

Range Forecast
98.20 / 98.50

Resistance/Support
R: 98.67 / 98.93 / 99.19
S: 97.55 / 97.13 / 96.52

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