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

USD/JPY OUTLOOK -  98.76

Last Update At 30 Apr 2009 15:30 GMT

Present firmness suggests upmove fm 95.63 to
retrace early fall fm 101.49 wud extend gain to
98.92 n possibly 99.13, however, o/bot condition
wud cap price at 99.42 today n yield retreat later.

Buy on dips with stop as indicated, break wud
risk weakness to 98.00 (prev. res, now sup) b4
prospect of another rise later...

Range Forecast
98.50 / 98.92

Resistance/Support

R: 98.92/ 99.15/ 99.42
S: 97.57/ 96.82/ 96.58