INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 89.45

Last Update 02 Oct 2009 00:25 GMT

Despite anticipated dlr's weakness at Tokyo open
ing due to renewed cross-buying in yen, a breach
of indicated sup at 89.35 is needed to confirm cor-
rection fm this week's 88.23 low has ended earlier
at 90.42 n yield further weakness to 89.00 later.

Wud not advise chasing present decline, look to
sell again on recovery as 89.82 shud cap upside.

Range Forecast
89.35 / 89.65

Resistance/Support

R: 90.18/90.42/90.84
S: 89.35/89.15/88.23