INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY

USD/JPY : 88.45

Last Update 09 Oct 2009 09:27 GMT

Although dlr has eased after intra-day cross-
inspired rally to 89.43, as the breach of Wed. high
at 89.40 confirms recent fall has made a temp. low
at 88.01, consolidation with upside bias remains
for gain to 89.50/55 but reckon 89.98 shud hold.

Buy on dips for 89.50 1st with stop as indicated
n only below 88.69/72 (prev. res) signals top made.

Range Forecast
89.10 / 89.40

Resistance/Support
R: 89.43/89.98/90.42
S: 89.11/88.69/88.36