Intraday trading signal by AceTrader - USD/JPY

Rate: 95.17

Updating time : 24 Feb 2009 06:52 GMT

Although dlr has eased after intra-day rise
to 3-month high of 95.35 n sideways trading is in
store, as long as 94.86/88 holds, recent upmove wud
resume n extend gain to 95.46, however, loss of nr
term upward momentum shud cap price at 95.66.

Buy again on dips with stop as indicated, break
wud signal a temp. top is made n risk 94.57...

Range Forecast

94.95 / 95.30

Resistance/Support
R: 95.46 / 95.66 / 96.10
S: 94.86 / 94.57 / 94.15