INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 95.56

Last Update At 12 Aug 2009 03:03 GMT

Despite intra-day anticipated weakness due to
renewed cross buying in yen, near term loss of
momentum shud limit downside fm here to 95.20/30 n
risk has increased for a corrective bounce b4 pros-
pect of another fall later.

Exit short n look to sell again on recovery as
96.09/11 shud cap upside.

Range Forecast
95.45 / 95.70

Resistance/Support
R: 96.11/96.55/96.92
S: 95.47/95.05/94.36