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

USD/JPY OUTLOOK -  97.68

Last Update At 12 Jun 2009 03:05 GMT

As dlr has eased after meeting selling interest
at 97.89, consolidation with mild downside bias is
seen n weakness to 97.45/50 cannot be ruled out,
however, below 97.28 is needed to signal erratic
decline fm 98.90 has resumed for re-test of 97.08.

Abv 97.89 wud extend gain to 98.15/20 but res at
98.57 (y'day's high) wud remain intact. Stand aside

Range Forecast

97.50 / 97.80

Resistance/Support
R: 97.97/98.57/98.90
S: 97.47/97.28/97.08