INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +93.70+

Last Update At 26 Aug 2009 08:13 GMT

Although dlr has recovered after early selloff
to 93.37 n sideways trading wud be seen, outlook
remains bearish for recent decline to resume n
extend weakness to 93.20/30 but loss of momentum
shud limit downside to 93.09 n yield rebound.

Sell on recovery with stop as indicated, break
wud signal temp. low is made n risk 94.20/30...

Range Forecast
93.40 / 93.75

Resistance/Support

R: 93.79/94.30/94.65
S: 93.37/93.09/92.72