INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 92.98

Last Update At 13 Jul 2009 23:04 GMT

Dlr has rallied strongly in o/n NY session due
to strg rebound in the Dow, however, as 93.19 (Aus-
tralia) has capped upside, initial sideways trading
is envisaged but reckon 92.50/55 wud contain pull-
back n yield further gain to 93.50/60 later today.

Buy on further retreat for 93.10 1st with stop
as indicated n take profit on subsequent bounce.

Range Forecast

92.70 / 93.10

Resistance/Support
R: 93.19 / 93.60 / 94.66
S: 92.51 / 92.13 / 91.73