INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : +89.35+

Last Update 28 Sep 2009 03:10 GMT

Although dlr's present firmness after early sell
off to 88.23 (Aust.) confirms an intra-day low has
been formed there n mild upside bias remains for a
minor correction of recent downtrend, reckon 89.51
(prev. sup) wud cap rebound n bring retreat.

Still favour selling dlr on further rise n take
profit on subsequent fall as 88.23 shud hold.

Range Forecast

88.95 / 89.35

Resistance/Support
R: 89.51/89.96/90.49
S: 88.72/88.23/88.07