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

USD/JPY OUTLOOK -  96.54

Last Update At 28 Apr 2009 16:30 GMT

Dlr's strg rebound fm 95.63 to 96.70 suggests
recent erratic decline has formed a temp. low there
n consolidation with upside bias is seen, however,
a firm breach of 96.70 needed to abort daily
bearishness n yield stronger retrace. to 97.10/20.
Below 96.25/30 wud bring weakness to 96.00 but
only break there wud indicate top is made, 95.70...

Range Forecast
96.35 / 96.70

Resistance/Support

R: 96.78/ 96.89/ 97.11
S: 96.00/ 95.63/ 95.26