USD/JPY Daily Outlook
Mon, Aug 10 2009, 01:40 GMT
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INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
USD/JPY : +97.10+
Last Update At 10 Aug 2009 01:17 GMT
Although dlr has retreated after being capped
below last Friday's NY high at 97.79, price action
fm there looks corrective n 97.00 (prev. res) shud
limit downside, yield another rise but abv said res
is needed to extend recent upmove to 98.00/10.
Incline to buy on dips with stop as indicated n
only below 96.50/60 wud signal temp. top is made.
Range Forecast
97.05 / 97.40
Resistance/Support
R: 97.79/98.06/98.58
S: 97.00/96.79/96.42
Published on
Mon, Aug 10 2009, 01:45 GMT
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