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

USD/JPY OUTLOOK -  95.90

Last Update At 20 May 2009 00:53 GMT

As dlr has fallen fm 96.22 on cross buying in
yen, suggesting further consolidation below y'day's
96.71 high is in store n risk is seen for retrace
of near term upmove fm 94.55 to 95.70 but reckon
95.40/50 wud limit downside.

Exit intra-day long n stand aside. Abv 96.35
wud revive bullishness for re-test of 96.71...

Range Forecast
95.80 / 96.10

Resistance/Support

R: 96.35 / 96.71 / 97.13
S: 95.57 / 95.07 / 94.55