INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 94.08

Last Update At 26 Aug 2009 08:13 GMT

Despite dlr's retreat after intra-day rebound
fm 93.87 (Australia) to 94.30, as long as said sup
holds, mild upside bias remains for another bounce
to 94.50 but abv 94.65 is needed to signal pullback
fm this week's high at 95.07 is over, 94.90/95.

Remain as cautious buyer with stop as indicated
n only below 93.79 wud risk decline twd 93.42 low.

Range Forecast
94.00 / 94.25

Resistance/Support

R: 94.30/94.65/95.07
S: 93.79/93.42/93.09