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

USD/JPY OUTLOOK - 99.22

Last Update At 16 Apr 2009 02:32 GMT

Although dlr has eased fm 99.52 on cross buying
in yen n further consolidation below 99.68 (y'day's
high) is in store, as a temp. low has been formed
y'day at 98.15, reckon downside wud be ltd n bring
re-test of 99.68 n later twds 99.95.

Buy on dips with stop as indicated n only below
98.50/60 wud abort daily bullishness...

Range Forecast

99.00 / 99.40

Resistance/Support

R: 99.68 / 99.95/100.43
S: 98.98 / 98.72/ 98.15