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

USD/JPY OUTLOOK -  95.89

Last Update At 13 May 2009 00:46 GMT

Although dlr has remained under pressure after
breaking sup at 96.11 n weakness to 95.70/75 cannot
be ruled out, loss of nr term momentum wud limit
downside to 95.63 n yield rebound later but abv res
at 96.58 is needed to signal temp. low is made.

Incline to buy on next fall, stop as indicated,
break wud risk weakness to 95.20/25...

Range Forecast
95.75 / 96.10

Resistance/Support

R: 96.58/ 96.74/ 97.13
S: 95.63/ 95.02/ 94.50