AceTrader 1-wk TRIAL
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Intra-day trading signal by AceTrader
USD/JPY OUTLOOK 97.42
Last Update At 25 Feb 2009 22:53 GMT
Although dlr has retreated after y'day's rise
to 97.79 n sideways trading is in store, as long as
97.04 holds, another upmove is still seen n abv
97.79 wud extend gain to 97.90/92, however, loss of
upward momentum wud cap price below 98.30/31.
Buy on dips with stop as indicated, break wud
signal temp. top is made, risk retrace to 96.53/55.
Range Forecast
97.20 / 97.60
Resistance/Support
R: 97.79 / 98.30 / 98.89
S: 97.04 / 96.35 / 96.07
USD/JPY OUTLOOK 97.42
Last Update At 25 Feb 2009 22:53 GMT
Although dlr has retreated after y'day's rise
to 97.79 n sideways trading is in store, as long as
97.04 holds, another upmove is still seen n abv
97.79 wud extend gain to 97.90/92, however, loss of
upward momentum wud cap price below 98.30/31.
Buy on dips with stop as indicated, break wud
signal temp. top is made, risk retrace to 96.53/55.
Range Forecast
97.20 / 97.60
Resistance/Support
R: 97.79 / 98.30 / 98.89
S: 97.04 / 96.35 / 96.07
