USD/JPY Daily Outlook

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USD/JPY Daily Outlook
Thu, Oct 9 2008, 04:10 GMT
by AceTrader Team
AceTrader
------------------------------------------------------------
INTRA-DAY USD/JPY OUTLOOK: 100.80
Updating time :09 Oct 2008 03:40 GMT
Dlr's intra-day rally fm 98.90 remains in pro-
gress n gain twds 101.17 cannot be ruled out, how-
break is needed to signal corrective rise fm 98.60
low to retrace recent decline has resumed n yield
further gain to 101.48 n posisbly 101.75.
Stand aside for now n look to buy on subsequent
pullabck as 100.37 shud contain downside...
Range Forecast
100.70 / 101.10
Resistance/Support
R: 101.17/101.48/101.75
S: 100.37/ 99.84/ 99.38
----------------------------------------------------Published on
Thu, Oct 9 2008, 04:11 GMT
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