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Intra-day forex trading signal by AceTrader : USD/JPY
USD/JPY OUTLOOK - 98.84
Last Update At 05 May 2009 17:03 GMT
Although dlr has recovered after marginal
weakness to 98.60 n consolidation with mild upside
bias wud be seen, a breach of 99.21 is needed to
confirm pullback fm 99.58 has ended there n yield
resumption of upmove fm 95.63 to 99.77 later.
Below 98.60 wud bring stronger retracement to
98.35/40 but 98.00 (prev. sup) shud hold...
Range Forecast
98.70 / 99.10
Resistance/Support
R: 99.06/ 99.58/ 99.77
S: 98.52/ 98.00/ 97.60
USD/JPY OUTLOOK - 98.84
Last Update At 05 May 2009 17:03 GMT
Although dlr has recovered after marginal
weakness to 98.60 n consolidation with mild upside
bias wud be seen, a breach of 99.21 is needed to
confirm pullback fm 99.58 has ended there n yield
resumption of upmove fm 95.63 to 99.77 later.
Below 98.60 wud bring stronger retracement to
98.35/40 but 98.00 (prev. sup) shud hold...
Range Forecast
98.70 / 99.10
Resistance/Support
R: 99.06/ 99.58/ 99.77
S: 98.52/ 98.00/ 97.60
