INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 95.38

Last Update At 31 Jul 2009 04:14 GMT

Despite dlr's intra-day retreat to 95.25, as the
near term decline fm 95.89 (y'day's high) is viewed
as a minor correction of recent erratic rise, 95.00
/10 shud limit downside n yield rebound later, how-
ever, abv 95.60/65 is needed for re-test of 95.89.

Stand aside n buy on dips for day trade as only
below 94.84 wud confirm temp. top is in place.

Range Forecast
95.25 / 95.50

Resistance/Support

R: 95.89/96.00/96.25
S: 94.84/94.61/94.01