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

USD/JPY OUTLOOK -  97.87

Last Update At 11 Jun 2009 14:42 GMT

Dlr's retreat after intra-day brief rise to
98.57 suggests top has been formed n further choppy
trading is in store n weakness to 97.70/75 is seen,
however, break of 97.63 sup is needed to retain
bearishness, 97.50 1st.

Sell on recovery with stop as indicated, break
wud risk 98.57 again...

Range Forecast

97.65 / 98.05

Resistance/Support

R: 98.57/98.90/99.22
S: 97.50/97.08/96.52