AceTrader 1-wk TRIAL
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Intra-day trading signal by AceTrader
USD/JPY OUTLOOK 97.90
Last Update At 06 Mar 2009 06:21 GMT
Current retreat on dlr's broad-based weakness
suggests downside risk remains for a re-test of
97.72 (y'day's low), however, break there is needed
to signal decline fm 99.69 top has resumed, bring
further fall to 97.50/55.
Exit long n stand aside for now. Only abv 98.33
/35 wud revive bullishness for retrace. to 98.60/65
Range Forecast
97.75 / 98.10
Resistance/Support
R: 98.59 / 98.90 / 99.69
S: 97.72 / 97.55 / 96.85
USD/JPY OUTLOOK 97.90
Last Update At 06 Mar 2009 06:21 GMT
Current retreat on dlr's broad-based weakness
suggests downside risk remains for a re-test of
97.72 (y'day's low), however, break there is needed
to signal decline fm 99.69 top has resumed, bring
further fall to 97.50/55.
Exit long n stand aside for now. Only abv 98.33
/35 wud revive bullishness for retrace. to 98.60/65
Range Forecast
97.75 / 98.10
Resistance/Support
R: 98.59 / 98.90 / 99.69
S: 97.72 / 97.55 / 96.85
