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

USD/JPY OUTLOOK 98.32

Last Update At 31 Mar 2009 03:41 GMT

Dlr has risen again on cross selling in yen n
the upmove fm y'day's low at 95.96 shud extend to
98.60 n then re-test of res at 98.87, however, near
term o/bot condition has increased risk of a
retreat later.

Still favour buying dlr on dips with stop as
indicated, below wud risk pullback to 97.50/60...

Range Forecast

98.05 / 98.45

Resistance/Support

R: 98.38 / 98.87 / 99.19
S: 97.68 / 97.34 / 97.04