INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 94.71

Last Update At 24 Jul 2009 04:17 GMT

Although dlr's decline fm y'day's high at 95.30
on cross unwinding in yen suggests recent rise has
made a temp. top, as 94.59 has contained weakness
in Asian morning, consolidation with 'mild' upside
bias is seen but said res shud remain intact.

Hold long for 95.05 n only below 94.20/30 wud
risk stronger correction twd 93.88 b4 rebound.

Range Forecast

94.55 / 94.95

Resistance/Support
R: 95.17/95.30/95.70
S: 94.55/93.88/93.45