INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 95.36

Last Update At 07 Aug 2009 02:07 GMT

Although anticipated cross-inspired weakness
suggests further consolidation below y'day's high
at 95.82 is seen with mild downside bias, price
action fm there is viewed as a retracement of nr
term rise fm 94.36 n reckon 94.90/00 wud hold.

Turn long on dips with stop as indicated n only
abv 95.82/89 confirms upmove fm 91.73 has resumed.

Range Forecast
95.25 / 95.55

Resistance/Support

R: 95.89/96.25/97.00
S: 95.22/94.63/94.36