INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 93.87

Last Update At 28 Aug 2009 06:36 GMT

As dlr has found renewed buying around 93.60/61,
suggesting the rise fm y'day's low at 93.20 to
retrace recent decline wud extend to 94.15/20, how-
ever, reckon res at 94.59/65 wud cap upside n risk
has increased for a retreat later.

Raise long entry with stop as indicated, below
wud defer n risk possible re-test of 93.20.

Range Forecast

93.70 / 94.00

Resistance/Support

R: 93.95/94.35/94.65
S: 93.61/93.20/93.09