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

USD/JPY OUTLOOK -  +98.21+

Last Update At 06 May 2009 01:53 GMT

Usd's breach of 98.60 signals the corrective
decline fm last week's high at 99.58 has resumed n
further fall to 98.00 (previous res) is likely,

however, anticipated nr term o/sold condition shud
limit downside to 97.60/70 n yield recovery later.

Sell on pullback with stop as indicated, abv
wud risk rebound to 99.00/10...

Range Forecast
+98.10 / 98.50+

Resistance/Support
R: 98.60/ 98.99/ 99.21
S: 98.00/ 97.61/ 97.15