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

USD/JPY OUTLOOK -  96.18

Last Update At 04 Jun 2009 02:32 GMT

Although dlr has eased after meeting minor
selling at 96.37 n further consolidation below
96.43 is seen, reckon 95.90/95 wud limit downside n
yield another rebound but abv 96.43 is needed to
signal upmove fm 94.44 has resumed, 96.81 'later'.

Still favour buying dips with stop as indicated
n only below 95.57 wud risk re-test of 95.33/38...

Range Forecast
96.05 / 96.35

Resistance/Support

R: 96.43/ 96.81/ 97.24
S: 95.88/ 95.57/ 95.33