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

USD/JPY OUTLOOK -  +97.10+

Last Update At 10 Jun 2009 01:10 GMT

Although dlr has recovered fm 97.25 (o/n NY low)
n minor consolidation abv there is seen in Asia,
reckon 97.70/80 wud limit upside n bring resumption
of decline fm 98.90 for re-test of said sup n then
97.00 b4 rebound due to near term loss of momentum.

Sell on pullback for 97.25 or buy on next fall
for 97.60 but 98.00 shud hold...

Range Forecast
+97.10 / 97.40+

Resistance/Support

R: 97.51/97.87/98.20
S: 96.98/96.52/96.15