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

USD/JPY OUTLOOK -  95.87

Last Update At 18 Jun 2009 05:43 GMT

Dlr has continued to trade abv y'day's low at
95.51 n as long as this sup holds, upside bias is
seen for a minor correction of recent decline n abv
96.00 (Asia) wud encourage for gain twd 96.20/30 b4
prospect of a selloff later today.

Buy on dips for st trade with stop below said
sup, break wud abort n risk weakness to 95.20/30.

Range Forecast
95.65 / 96.00

Resistance/Support

R: 96.00 / 96.52/ 96.78
S: 95.51/ 95.33/ 95.00