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USD/JPY Daily Outlook
Mon, Mar 31 2008, 01:36 GMT
by AceTrader Team
AceTrader
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INTRA-DAY USD/JPY OUTLOOK: 99.97
Updating time :31 Mar 2008 01:00 GMT
Dlr's retreat fm 100.20 suggests minor consoli-
dation wud be seen b4 intra-day cross-inspired rise
fm 98.80 (Aust.) resumes, abv said res wud extend
twds Friday's high at 100.40 but near term o/bot
condition shud limit upside to 100.65/70.
Buy on dips with stop as indicated, below wud
abort n risk pullback to 99.25/30...
Range Forecast
99.80 / 100.10
Resistance/Support
R: 100.20/100.40/100.67
S: 99.75/ 99.28/ 98.80
----------------------------------------------------Published on
Mon, Mar 31 2008, 02:05 GMT
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