Intra-day trading signal by AceTrader

USD/JPY OUTLOOK
+97.77+

Last Update At 27 Feb 2009 05:09 GMT

Although dlr has recovered after intra-day
cross-inspired selloff to 97.32, reckon 97.80/82
shud cap upside n yield resumption of near term
decline fm 98.72 top for further weakness twd 97.04
but o/sold condition wud limit fall to 96.60/70.

Sell pullback with stop as indicated n only a
firm breach of 98.26 wud abort present bearishness.

Range Forecast
97.32 / 97.80

Resistance/Support

R: 98.26 / 98.72 / 99.34
S: 97.32 / 97.04 / 96.32