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

USD/JPY OUTLOOK - 97.02

Last Update At 24 Apr 2009 17:06 GMT

As dlr has rebounded after intra-day selloff to
96.63, suggesting consolidation with mild upside
bias is seen but abv 97.57 (prev. sup) is needed to
signal a temp. low has been made n yield retrace.
of recent decline twd 97.80/90 later.

Buy on dips with stop as indicated, below wud
abort n risk one more fall twd 96.25/30...

Range Forecast
96.80 / 97.20

Resistance/Support

R: 97.57/ 98.15/ 98.45
S: 96.63/ 96.47/ 95.96