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

USD/JPY OUTLOOK - 98.55

Last Update At 21 Apr 2009 16:34 GMT

Although dlr's breach of 98.47 signals nr term
rise fm 97.66 (y'day's low) to retrace recent
decline has resumed, nr term loss of momentum shud
limit upside to 98.65/75 n price shud falter below
98.90/00 n yield another fall later.

Stand aside n hold short for day trade. Below
98.20/30 wud indicate intra-day top is made, 97.83.
Range Forecast

98.30 / 98.70

Resistance/Support

R: 99.13/ 99.43 / 99.77
S: 97.83/ 97.66/ 97.04