INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +93.98+

Last Update At 21 Jul 2009 05:56 GMT

As 93.75 (Asia) has contained intra-day selloff,
dlr's recovery fm there suggests further consolida-
tion is in store but as decline fm 94.80 signals
recent upmove has made a temp. top y'day, downside
bias remains for another corrective fall twd 93.48.

Sell on upticks with stop as indicated, abv wud
defer n risk stronger gain to 94.40/50...

Range Forecast
+93.85 / 94.15+

Resistance/Support

R: 94.38/94.80/95.46
S: 93.48/93.25/92.72