INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 95.11

Last Update At 06 Aug 2009 05:35 GMT

Dlr has edged higher due to cross selling in yen
n although marginal gain abv 95.22 (Asia) cannot be
ruled out, as long as 95.44/47 res holds, downside
bias remains for another fall to said sup n below
wud signal decline fm 95.89 has resumed, 94.36 1st.

Sell on further rise with stop as indicated, abv
may risk possible re-test of last week's 95.89 top.

Range Forecast

94.95 / 95.22

Resistance/Support
R: 95.22/95.47/95.89
S: 94.63/94.36/94.01