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

USD/JPY OUTLOOK -  99.00

Last Update At 08 May 2009 03:27 GMT

Dlr's cross-inspired retreat fm 99.42 suggests
further consolidation below y'day's high at 99.80
is seen with downside bias n a breach of 98.87 sup
wud bring correction of recent upmove to 98.50/60 n
later twds 98.21.

Sell on recovery with stop as indicated, abv
defers but 99.80 shud hold on 1st testing...

Range Forecast
98.87 / 99.20

Resistance/Support

R: 99.42/ 99.80/100.00
S: 98.87/ 98.40/ 97.94