AceTrader 1-wk TRIAL
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Intra-day forex trading signal by AceTrader : USD/JPY
USD/JPY OUTLOOK 97.90
Last Update At 25 Mar 2009 00:42 GMT
Despite initial bounce to 98.35 at Asian opening
, as dlr has retreated due partly to cross buying
of yen, suggesting further 'choppy' sideways move
below y'day's high at 98.58 wud continue, as long
as 97.63 (NY low) holds, mild upside bias remains.
Exit previous long n look to buy on dips for st
trade. Abv 98.58 wud yield marginal gain to 98.80..
Range Forecast
97.80 / 98.10
Resistance/Support
R: 98.35 / 98.58 / 98.98
S: 97.63 / 97.35 / 96.92
USD/JPY OUTLOOK 97.90
Last Update At 25 Mar 2009 00:42 GMT
Despite initial bounce to 98.35 at Asian opening
, as dlr has retreated due partly to cross buying
of yen, suggesting further 'choppy' sideways move
below y'day's high at 98.58 wud continue, as long
as 97.63 (NY low) holds, mild upside bias remains.
Exit previous long n look to buy on dips for st
trade. Abv 98.58 wud yield marginal gain to 98.80..
Range Forecast
97.80 / 98.10
Resistance/Support
R: 98.35 / 98.58 / 98.98
S: 97.63 / 97.35 / 96.92
