INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

EUR/USD: 93.05

Last Update At 09 Jul 2009 05:46 GMT

Dlr's retreat after brief bounce to around 93.30
/33 suggests further consolidation below Asian high
at 93.52 is seen with mild downside bias n pullback
to 92.70/80 can't be ruled out but only below 92.38
signals correction fm 91.80 (y'day's low) is over.

Abv 93.52 wud bring stronger retrace. of decline
to 93.85 (prev. sup). Stand aside for now...

Range Forecast
92.90 / 93.20

Resistance/Support

R: 93.52 / 93.85 / 94.08
S: 92.94 / 92.38 / 91.80