Intra-day forex trading signal by AceTrader : USD/JPY

USD/JPY OUTLOOK
97.95

Last Update At 24 Mar 2009 15:11 GMT

Dlr's retreat after meeting renewed selling at
98.41 suggests a temp. top has been formed at 98.58
n consolidation below there is in store with mild
downside bias for correction twds 97.63, however,
reckon 97.30/35 wud hold fm here.

Abv 98.41 wud revive bullishness for one more
rise to 98.75/80. Stand aside in the meantime...

Range Forecast
97.85 / 98.25

Resistance/Support

R: 98.58 / 98.98 / 99.19
S: 97.63 / 97.35 / 96.92