Intraday trading signal by AceTrader - USD/JPY

Rate: 94.27

Updating time : 19 Feb 2009 16:18 GMT

Despite intra-day resumption of upmove to 94.45,
current retreat suggests consolidation below there
is in store n retrace. to 93.90 is seen but reckon
93.50 wud limit downside n sup at 93.27/30 shud
hold n yield another rise later.

Turn short on recovery with stop as indicated,
break wud risk 94.75/80 b4 correction...

Range Forecast
94.05 / 94.45

Resistance/Support

R: 94.45 / 94.65 / 95.02
S: 93.27 / 92.75 / 92.42