AceTrader 1-wk TRIAL
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Intra-day forex trading signal by AceTrader : USD/JPY
USD/JPY OUTLOOK - 98.84
Last Update At 04 May 2009 23:01 GMT
Dlr's weakness after y'day's selloff to 98.73
suggests further consolidation below last wk's high
at 99.58 is in store but as long as prev. sup at
98.52 holds, mild upside bias remains for a rebound
n abv 99.06/07 wud encourage for gain to 99.30.
Below 98.52 wud bring stronger retracement of
recent upmove to 98.00/10. Stand aside for now...
Range Forecast
98.70 / 99.00
Resistance/Support
R: 99.06/ 99.58/ 99.77
S: 98.52/ 98.00/ 97.60
USD/JPY OUTLOOK - 98.84
Last Update At 04 May 2009 23:01 GMT
Dlr's weakness after y'day's selloff to 98.73
suggests further consolidation below last wk's high
at 99.58 is in store but as long as prev. sup at
98.52 holds, mild upside bias remains for a rebound
n abv 99.06/07 wud encourage for gain to 99.30.
Below 98.52 wud bring stronger retracement of
recent upmove to 98.00/10. Stand aside for now...
Range Forecast
98.70 / 99.00
Resistance/Support
R: 99.06/ 99.58/ 99.77
S: 98.52/ 98.00/ 97.60
