INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 94.93

Last Update At 18 Aug 2009 23:28 GMT

Dlr's stronger-than-expected rebound fm o/n NY
low at 94.53 suggests the retreat fm 95.30 (y'day's
high) has ended n gain to 95.10/15 cannot be ruled
out, however, abv said res is needed to extend the
corrective rise fm 94.19 low to 95.70/75 later.

Below 94.53 wud revive bearishness for re-test
of 94.19. Stand aside in the meantime.

Range Forecast
94.75 / 95.05

Resistance/Support

R: 95.30/95.48/95.74
S: 94.53/94.19/94.01