INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 95.24

Last Update At 05 Aug 2009 02:23 GMT

Although dlr has moved sideways after y'day's
cross-inspired rebound fm 94.36-95.44 (NY), as long
as minor sup at 95.13 holds, mild upside bias is
seen for another rise n firm breach of 95.44/47 wud
signal upmove has resumed for re-test of 95.89 1st.

Trade fm long side, stop as indicated, below
wud prolong consolidation n risk weakness to 94.80.

Range Forecast
95.10 / 95.40

Resistance/Support

R: 95.47/95.89/96.25
S: 95.13/94.79/94.36