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USD/JPY Daily Outlook

Tue, Nov 3 2009, 09:01 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +90.05+

Last Update 03 Nov 2009 08:56 GMT

Dlr's present cross-inspired retreat fm 90.71
suggests the recovery fm 89.18 has possibly ended
there, consolidation with downside bias is seen for
weakness to 89.65 n possibly twds 89.45, however,
said sup wud hold n yield further choppy trading.

Sell on pullback with stop as indicated, break
wud risk stronger rebound to 90.50....

Range Forecast
89.70 / 90.05

Resistance/Support

R: 90.71/91.30/91.63
S: 89.45/89.18/88.83


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