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

USD/JPY OUTLOOK -  96.22

Last Update At 19 May 2009 00:56 GMT

Despite intra-day breach of 96.46 (o/n NY high),
subsequent retreat fm 96.63 suggests consolidation
with mild downside bias is seen for pullback to
95.90/00 b4 prospect of a rebound later.

Buy on dips with stop as indicated n only abv
96.63 wud confirm upmove fm y'day's low at 94.55
has resumed, 96.90/00...

Range Forecast
 96.10 / 96.45

Resistance/Support

R: 96.70 / 97.13 / 97.84
S: 96.02 / 95.57 / 95.07