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USD/JPY Daily Outlook
Thu, Oct 2 2008, 02:53 GMT
by AceTrader Team
AceTrader
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INTRA-DAY USD/JPY OUTLOOK: 105.82
Updating time :02 Oct 2008 02:39 GMT
Dlr's cross-inspired retreat fm 106.29 suggests
caution on our intra-day long n 105.62/68 must hold
for prospect of another rise, abv 106.29/34 wud sig
nal upmove fm this week's low at 103.50 n bring re-
test of 106.54 1st.
Trade fm long side with stop as indicated n only
below 105.33 aborts daily bullishness...
Range Forecast
105.68 / 105.90
Resistance/Support
R: 106.54/107.03/107.48
S: 105.62/105.33/105.23
----------------------------------------------------Published on
Thu, Oct 2 2008, 03:22 GMT
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