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

USD/JPY OUTLOOK -  96.06

Last Update At 18 May 2009 16:10 GMT

Dlr's breach of 96.02 signals intra-day rise fm
94.55 to retrace recent decline has resumed n
further gain to 96.20 n then 96.40/50 is seen,
however, nr term o/bot condition shud limit upside
n reckon res at 96.70 wud hold fm here.

Buy at market with stop as indicated, below wud
risk stronger pullback twd 95.55/60 b4 up...

Range Forecast
95.95 / 96.40 

Resistance/Support

R: 96.20 / 96.70 / 97.13
S: 95.62 / 94.85 / 94.55