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USD/JPY Daily Outlook
Mon, Jun 29 2009, 06:16 GMT
AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
EUR/USD: 95.36
Last Update At 29 Jun 2009 05:45 GMT
Dlr's retreat after being capped below 95.62
(prev. sup) suggests the recovery fm last Friday's
low at 95.04 has possibly ended n downside bias
remains for weakness to said sup but below needed
to signal decline has resumed for re-test of 94.88.
Trade fm short side, stop as indicated n only
abv 95.59/62 risks stronger retrace. to 95.90/00.
Range Forecast
95.15 / 95.45
Resistance/Support
R: 95.62 / 96.05 / 96.58
S: 95.04 / 94.88 / 94.44
Published on
Mon, Jun 29 2009, 06:26 GMT
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