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Intra-day forex trading signal by AceTrader : USD/JPY
USD/JPY OUTLOOK - 100.71
Last Update At 06 Apr 2009 16:46 GMT
Dlr's cross-inspired retreat fm 101.45 to around
100.51 suggests recent upmove has possibly formed a
temp. top there n below 100.51 wud bring a retrace.
to 100.30, however, reckon 99.90/00 shud contain
downside n yield rebound later.
Stand aside for now n look to buy dips for day
trade. Only abv 101.20 wud bring re-test of 101.45.
Range Forecast
100.50 / 100.90
Resistance/Support
R: 101.00/101.45/101.67
S: 100.30/ 99.90 / 99.34
USD/JPY OUTLOOK - 100.71
Last Update At 06 Apr 2009 16:46 GMT
Dlr's cross-inspired retreat fm 101.45 to around
100.51 suggests recent upmove has possibly formed a
temp. top there n below 100.51 wud bring a retrace.
to 100.30, however, reckon 99.90/00 shud contain
downside n yield rebound later.
Stand aside for now n look to buy dips for day
trade. Only abv 101.20 wud bring re-test of 101.45.
Range Forecast
100.50 / 100.90
Resistance/Support
R: 101.00/101.45/101.67
S: 100.30/ 99.90 / 99.34
