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

USD/JPY OUTLOOK -  96.77

Last Update At 05 Jun 2009 02:21 GMT

Dlr's rebound fm 96.52 (Aust.) in part due to
cross sellng in yen suggests retreat fm o/n NY high
at 96.98 has ended n abv said res wud signal the
erratic upmove fm 93.85 has resumed, extend gain to
97.24 n later twd 97.50/60.

Hold long with stop below said sup as break wud
prolong consolidation n risk pullback to 96.20/25.

Range Forecast
96.65 / 96.95

Resistance/Support

R: 96.98/ 97.24/ 97.65
S: 96.52/ 96.15/ 95.88