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

USD/JPY OUTLOOK -  97.55

Last Update At 09 Jun 2009 16:25 GMT

As dlr has remained under pressure after break-
ing sup at 97.87 (now res), suggesting erratic fall
fm 98.90 top to retrace recent upmove remains in
progress n weakness to 97.24 (prev. res) cannot be
ruled out but reckon 96.95/98 wud hold.

Turn short on recovery with stop as indicated,
break wud risk 98.15/20, abv confirms low is made..

Range Forecast
97.25 / 97.65

Resistance/Support

R: 97.87/98.73/98.90
S: 97.24/96.98/96.50