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

USD/JPY OUTLOOK -  95.63

Last Update At 03 Jun 2009 02:24 GMT

Dlr's recovery after trading abv 95.33 (y'day's
low) suggests consolidation with mild upside bias
is seen n gain to 95.80/85 cannot be ruled out but
break of 96.17 (NY reaction high) needed to signal
retreat fm this Monday's high at 96.81 has ended.

Below 95.33/38 wud bring one more fall twd 95.00
/10 b4 prospect of a rebound later. Stand aside...

Range Forecast
95.50 / 95.80

Resistance/Support

R: 96.17/ 96.65/ 96.81
S: 95.33/ 95.00/ 94.44