INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

EUR/USD: 95.92

Last Update At 26 Jun 2009 08:50 GMT

Despite intra-day brief bounce to 96.05, lack
of follow through buying suggests further consolida
tion is in store but as long as 95.62 holds, mild
upside bias remains for rebound to 96.20/25 but
reckon y'day's high at 96.58 wud limit gain.

Remain as cautious buyer with stop below said
sup, break wud risk marginal weakness to 95.40/45.

Range Forecast
95.80 / 96.05

Resistance/Support
R: 96.28 / 96.58 / 97.20
S: 95.62 / 95.50 / 95.03