INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 94.65

Last Update At 03 Aug 2009 06:02 GMT

Dlr has traded narrowly but with a soft bias
after Friday's selloff to 94.50, suggesting intra-
day recovery has possibly ended at 94.85 n decline
fm last week's high at 95.89 wud pressure price to
94.40, reckon 94.25/30 wud contain weakness.

For st trade, lower short entry n take profit on
decline, then buy for day trade.

Range Forecast
94.55 / 94.85

Resistance/Support

R: 94.85/95.21/95.89
S: 94.50/94.01/93.81