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USD/JPY Daily Outlook
Mon, Jul 13 2009, 07:01 GMT
AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
EUR/USD: 92.25
Last Update At 13 Jul 2009 06:00 GMT
Although dlr's present stronger-than-expected
retreat fm 92.95 suggests the recovery fm Friday's
low at 91.77 is over, below 92.00 needed to signal
recent erratic decline has resumed, yield re-test
of 91.77 but reckon 91.30 wud remain intact today.
On the upside, abv 92.63/68 wud 'prolong' choppy
trading n bring another bounce to 92.95.
Range Forecast
92.10 / 92.45
Resistance/Support
R: 92.95 / 93.19 / 93.60
S: 91.77 / 91.30 / 90.87
Published on
Mon, Jul 13 2009, 07:08 GMT
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